|Bid||44.80 x 4000|
|Ask||44.81 x 1400|
|Day's range||44.71 - 45.31|
|52-week range||28.25 - 46.10|
|PE ratio (TTM)||N/A|
|YTD daily total return||50.85%|
|Beta (3Y monthly)||1.12|
|Expense ratio (net)||0.42%|
The U.S. housing sector saw a pause recently as land and labor shortages continued. This appears to be an entry point for investors as the trend is likely to reverse on upbeat data that may renew confidence in the space.
Prominent housing stocks put up an impressive show in the recently-reported quarter. The industry players, with solid Zacks Ranks, hold potential despite subdued home sales.
The latest spike in long-term bond yields may be negative for housing ETFs, but gradual adoption of technology in the space could prove to be a shot in the arm.
Since the start of the fourth quarter, Wall Street is witnessing new highs on the back of a better-than-expected earnings season, easing policies and trade deal optimism.
While many corners of the equity world witnessed a solid run, a few sector ETFs performed incredibly well, thereby comfortably crushing the broader markets.
The stock market bulls have been marching ahead this year on trade optimism and cheap money flows. We have highlighted the best and worst zones so far this year.
Rising new home sales adds to the bank of positive data for the housing market. We highlight some homebuilders ETFs poised to gain from the situation.
The year 2019 so far has been kind to the U.S. stock market, despite a myriad of woes such as lingering trade woes, recession fears, geopolitical tension and Brexit issues.
The U.S. housing market has been on a tear this year primarily attributable to a decline in mortgage rates, slower home price growth and a slew of upbeat data.
August witnesses fluctuations in the US-China trade tensions, a gold surge, still-decent U.S. economic data points and maximum chances of a no-deal Brexit. These factors bring a few ETFs in focus.