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ETFChannel Comes Online
BNK Invest, Inc. has launched an exchange traded fund (ETF) research website.
The site, ETFChannel.com, says it is aimed at providing retail investors, along with small and large financial advisers, access to the types of data and tools that larger hedge funds and institutional players leverage to their advantage each and every day.”
The announcement notes that the site “includes a number of ground-breaking features that allow investors to dig deeper into ETFs than ever before”, purporting to act as a “one-stop source for aggregated data on more than 800 ETFs”.
An ETF look-up on the site will provide investors with information about the fund’s net asset value, Average Broker Ratings, in-depth fund holdings, sector and country concentrations, as well as a current quote for the fund.
According to a press release, another unique feature is the ETF Finder, a tool that the firm says allows investors to identify ETFs that hold certain stocks, as input by the user. “For example, an investor looking to buy into a fund that holds stock in top consumer electronics companies can enter the symbols of several individual companies into the ETF Finder and discover unique ETFs that hold their desired stocks,” according to the press release.
The site also analyzes trends in the ETF data to create Top Lists to help users, including the Most Heavily Shorted ETFs (with data from ShortSqueeze.com) and the Top Ranked ETFs by Average Broker Rating with data from Zacks Investment Research. According to the firm, the most interesting Top List of all may be the “Unloved ETFs” List, those ETFs with at least six months of trading history, with the lowest total dollar amount traded in the last 20 trading sessions. Historically certain ETFs have been shut down due to low investor interest, according to the firm.
BNK Invest, Inc. develops, owns and operates financial web sites which it says enable individual investors and financial advisers to “gain valuable insight into, and stay informed about the financial markets.”