For Immediate Release
Chicago, IL –December 7, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: SPDR Kensho Final Frontiers ETF and Invesco S&P 500 Equal Weight Communication Services ETF .
Here are highlights from Thursday’s Analyst Blog:
Most Interesting New ETFs
The ETF industry continues to grow at a healthy pace. 247 new ETFs have launched in the US this year so far, taking the total number of US listed products to 2,226 and assets under management to about $3.6 trillion.
At the same time, more than 140 ETFs have been liquidated this year, which suggests that the industry is maturing and competition is heating up.
Today, we are highlighting two very interesting ETFs that made their debut recently.
The SPDR Kensho Final Frontiers ETF holds companies associated with exploration of outer space and deep sea. It is the first ETF to target outer space although there are a couple more in the pipeline.
With recent tech advances, space and deep sea exploration is no longer science fiction. Elon Musk is planning a Mars mission in the next 3-4 years. Pentagon's Space Force could become operational by 2020.
Morgan Stanley estimates that revenue generated by the global space industry will increase to $1.1 trillion or more in 2040, up from $350 billion in 2016, according to State Street.
Top holdings include Aerojet Rocketdyne Holdings, HEICO Corporation and Boeing.
The Invesco S&P 500 Equal Weight Communication Services ETF provides equal-weighted exposure to the new Communication Services sector.
The new sector is home to many high-flying technology, media and entertainment stocks, including 3 FAANG stocks—Facebook, Alphabet and Netflix.
While Communication Services market cap weighted ETFs have outsized allocation to a couple of heavyweights, this ETF provides more exposure to many smaller, innovative players in the space.
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Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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The Zacks Analyst Blog Highlights: SPDR Kensho Final Frontiers and Invesco S&P 500 Equal Weight Communication
For Immediate Release
Chicago, IL –December 7, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: SPDR Kensho Final Frontiers ETF and Invesco S&P 500 Equal Weight Communication Services ETF .
Here are highlights from Thursday’s Analyst Blog:
Most Interesting New ETFs
The ETF industry continues to grow at a healthy pace. 247 new ETFs have launched in the US this year so far, taking the total number of US listed products to 2,226 and assets under management to about $3.6 trillion.
At the same time, more than 140 ETFs have been liquidated this year, which suggests that the industry is maturing and competition is heating up.
Today, we are highlighting two very interesting ETFs that made their debut recently.
The SPDR Kensho Final Frontiers ETF holds companies associated with exploration of outer space and deep sea. It is the first ETF to target outer space although there are a couple more in the pipeline.
With recent tech advances, space and deep sea exploration is no longer science fiction. Elon Musk is planning a Mars mission in the next 3-4 years. Pentagon's Space Force could become operational by 2020.
Morgan Stanley estimates that revenue generated by the global space industry will increase to $1.1 trillion or more in 2040, up from $350 billion in 2016, according to State Street.
Top holdings include Aerojet Rocketdyne Holdings, HEICO Corporation and Boeing.
The Invesco S&P 500 Equal Weight Communication Services ETF provides equal-weighted exposure to the new Communication Services sector.
The new sector is home to many high-flying technology, media and entertainment stocks, including 3 FAANG stocks—Facebook, Alphabet and Netflix.
While Communication Services market cap weighted ETFs have outsized allocation to a couple of heavyweights, this ETF provides more exposure to many smaller, innovative players in the space.
Want key ETF info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
http://www.zacks.com
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.