Bonds ETFs Soar As Economic Data Weakens Equities Tuesday, August 31, 3:45 PM ET, by Market News Video Staff Over the last several months, a slew of disappointing economic data has caused investors to ...
Almost $8 billion of ExxonMobil Held by ETFs Wednesday, September 29, 11:54 AM ET, by Market News Video Staff According to ETFChannel.com's "Top ETF Stock Components" top list, ETFs aggregately hold approximately $8 billion ...
VOX Overweight Verizon Communications, AT&T Monday, October 4, 11:11 AM ET, by Market News Video Staff The Vanguard Telecommunication Services ETF (VOX) is overweight Verizon Communications (VZ) and AT&T (T). As ...
ETFs Hold About $4.5 billion of Johnson & Johnson Tuesday, October 5, 7:50 AM ET, by Market News Video Staff ETFChannel.com's "ETF Components" toplist shows that aggregately ETFs hold nearly $4.5 billion of Johnson & ...
Apple Largest US Equity Position of ETFs Wednesday, October 6, 8:02 AM ET, by Market News Video Staff According to ETFChannel.com's Top ETF Stock Components list, Apple (AAPL) is the single largest US ...
By Market News Video Staff, Thursday, November 11, 11:57 AM ET
Novartis (NYSE:NVS) said today it has ended phase three trials of an experimental lung cancer drug, ASA404. The drug did not increase survival when used in combination with chemotherapy for to treat advanced non-small cell lung cancer. Novartis will take a $120 million charge related to the trial in the fourth quarter. Novartis shares are trading lower by 1.4% today in New York.
Novartis is the #3 holding of the Market 2000+ HOLDRS (MKH) fund, at 5.66% of the total portfolio. AT&T (NYSE:T) is the top stock, at 6.68% of the portfolio, followed by IBM (NYSE:IBM), at 5.87% of the fund. Exxon Mobil (NYSE:XOM) makes up 5.66% of the fund and Johnson & Johnson (NYSE:JNJ) is 5.1%.
The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors — anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.
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