Invesco S&P Emerging Markets Momentum ETF (ARCA: EEMO)

Latest news for Invesco S&P Emerging Markets Momentum ETF (ARCA:EEMO)

PowerShares S&P Emerging Markets Momentum Portfolio

Technology

Financial Services

Consumer Cyclical

Energy

Industrials

Other

Utilities

Consumer Defensive

Healthcare

Communication Services

Basic Materials

Real Estate

The fund will invest at least 90% of its total assets in the securities of companies that comprise the underlying index, as well as ADRs and GDRs that represent securities in the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is composed of constituents of the S&P Emerging Plus LargeMidCap that have the highest momentum score.

Mediatek, Inc.

Bharti Airtel Ltd

Petroleo Brasileiro Sa

NU Holdings Ltd/Cayman Islands

Invesco Government & Agency Portfolio, Institutional Class

Invesco S&P Emerging Markets Momentum ETF

Long Ideas

Emerging Market ETFs

Trading Ideas

ETFs

EEMO

Magnifying Momentum In Emerging Markets

Emerging Markets

Markets

A Look At A Suddenly Popular Emerging Markets ETF

Raymond James analyst John Freeman maintains ConocoPhillips (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COP#NYSE">COP</a>) with a Strong Buy and raises the price target from $148 to $157.

News

Price Target

Analyst Ratings

Raymond James Maintains Strong Buy on ConocoPhillips, Raises Price Target to $157

Live On CNBC, Bill Baruch Announces Bought Caterpillar

Scotiabank analyst Robert Hope maintains Brookfield Renewable (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEP#NYSE">BEP</a>) with a Sector Outperform and lowers the price target from $32 to $28.

Scotiabank Maintains Sector Outperform on Brookfield Renewable, Lowers Price Target to $28

BlackRock Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) CEO Larry Fink is cautiously optimistic on the markets. He&#8217;s optimistic on growth prospects, but warned Thursday that new inflationary pressures could <a href="https://www.benzinga.com/markets/equities/24/12/42608297/tom-lee-explains-why-fewer-cuts-in-2025-could-boost-the-market-urges-investors-to-buy-the-dip-amid-recent-volatility">negatively impact stocks</a>. 
What To Know: During a <a href="https://www.cnbc.com/2025/01/23/blackrocks-fink-says-that-the-bond-market-will-tell-us-where-were-going.html">CNBC</a> interview from the&nbsp;World Economic Forum on &#8220;Squawk Box&#8221; Thursday morning, Fink was asked about his stance on the current state of the stock market. 
"I'm cautiously optimistic,&#8221; he said. &#8220;That being said, I have scenarios where it could be pretty bad.&#8221;
The BlackRock chief pointed to U.S. President Donald Trump&#8217;s recent <a href="https://www.benzinga.com/markets/futures/25/01/43122112/us-stocks-likely-to-open-higher-as-president-trump-announces-500-billion-ai-project-oracle-netflix-nvidia-among-top-stocks-to-watch">plans</a> to invest up to $500 billion in <a href="http://benzinga.com/topic/ai">AI</a> infrastructure. Fink believes the investment will help unlock private capital and stimulate &#8220;enormous&#8221; growth. However, he also believes the growth could bring on new inflationary pressures. 
&#8220;I do believe that's probably the risk that is not factored into the markets. I think the bond market is going to tell us where we're going,&#8221; Fink told CNBC.
The 10-year Treasury yield was hovering around 4.64% at the time of writing, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>. It&#8217;s been trending higher since mid-September when it bottomed around 3.62%. 
Fink noted that there is a possibility that the 10-year could climb back above 5% and even rise as high as 5.5% if inflation begins picking up again. 
&#8220;That would shock the equity market. That would not be a good scenario,&#8221; the BlackRock CEO said.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/25/01/43167016/blackrock-ceo-fink-urges-sec-to-rapidly-approve-tokenization-of-stocks-and-bonds">BlackRock CEO Fink Urges SEC To &#8216;Rapidly Approve&#8217; Tokenization Of Stocks And Bonds</a>
The Trump administration is trying to find growth from the private sector. Fink said he will be paying attention to how quickly the private sector is able to put money to work. At the same time, he&#8217;s keeping an eye on inflationary pressures. 
&#8220;Depending on how this plays out, there is a scenario where we're going to have much more elevated interest rates because of inflation. And that's going to have a very negative impact on the equity market,&#8221; Fink said. 
<a href="http://benzinga.com/quote/blk">BlackRock shares</a> were up 0.51% at $1,011.45 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
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Photo: Shutterstock.

BlackRock's Larry Fink Warns That New Inflationary Pressures Could 'Shock' The Stock Market: 'It Could Be Pretty Bad'

RBC Capital analyst Scott Heleniak reiterates Travelers Companies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>) with a Sector Perform and lowers the price target from $273 to $268.

Reiteration

RBC Capital Reiterates Sector Perform on Travelers Companies, Lowers Price Target to $268

Scotiabank analyst Robert Hope downgrades TransAlta (TSX:<a class="ticker" href="https://www.benzinga.com/stock/TA#TSX">TA</a>) from Sector Outperform to Sector Perform and raises the price target from C$19 to C$21.

Downgrades

TSX:TA

Scotiabank Downgrades TransAlta to Sector Perform, Raises Price Target to C$21

MCTR

CTRL Group Shares Halted On Circuit Breaker To The Upside, Stock Now Up 34.9%

The Hughes fire has grown to more than 10,000 acres Thursday and forced more than 31,000 Californians to evacuate an area near Castaic Lake, about 45 miles <a href="https://www.benzinga.com/markets/equities/25/01/43149396/new-fire-breaks-out-in-los-angeles-county">northwest of Los Angeles.</a>&nbsp;
What To Know: The latest fire to ravage the L.A. area broke out just before 11 a.m. PT on Wednesday and spread quickly under dry conditions and high winds.&nbsp;
&#8220;This vegetation is extremely dry," said LA County Fire public information officer Fred Fielding, as reported by NBC Los Angeles.&nbsp;
"We&#8217;ve had two years of above average rainfall (2023 and 2024)&#8230; so you&#8217;ve got a lot of these light grasses where these fires can start, and if it gets into that old growth vegetation there&#8217;s a lot of energy there. Combine that with the winds, and you&#8217;ve got a recipe for a very high rate of spread.&#8221;
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As of Wednesday night, the Hughes fire was 14% contained, according to the Los Angeles County Fire Department. A red flag warning has been extended through 10 a.m. Friday in Los Angeles and Ventura counties. 
What To Watch: AccuWeather estimates the<a href="https://www.benzinga.com/news/legal/25/01/42953761/santa-ana-winds-return-as-la-wildfire-damage-estimates-rise-to-at-least-250-billion-fire-officials-investigate-downed-power-lines"> total damage</a> and economic loss from the wildfires to be between $250 billion and $275 billion and could increase as fires continue to burn. 
Travelers Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRV#NYSE">TRV</a>), one of the major insurers in Southern California, addressed the California wildfires on its quarterly earnings call on Wednesday. 
Travelers' CFO Dan Frey said that the wildfires "are going to be a material event for the industry" and will have a "material impact on our first-quarter earnings."&nbsp;
Other insurance companies<a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43068088/allstate-chubb-progressive-face-significant-losses-from-wildfires-weather-events-say-analysts-ahead-of-q4-reports"> with exposure</a> to the wildfires include Allstate Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALL#NYSE">ALL</a>), Chubb Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CB#NYSE">CB</a>), and Progressive Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PGR#NYSE">PGR</a>). All three companies will report fourth-quarter earnings at the end of January and beginning of February. 
Investors will watch for guidance and early estimates of how the fires will impact first-quarter results. 
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Photo: Shutterstock

Earnings

Previews

Insurance

LA Wildfire Update: Hughes Fire Burns 10,000 Acres, Travelers Insurance Says Fires Will Have 'Material Impact' On Q1 Earnings

Raymond James analyst John Freeman maintains APA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APA#NASDAQ">APA</a>) with a Strong Buy and raises the price target from $44 to $45.

Raymond James Maintains Strong Buy on APA, Raises Price Target to $45

Politics

General

Bank Of America Spokesperson Says Serve More Than 70 Million Clients, We Welcome Conservatives And Have No Political Litmus Test

RBC Capital analyst Nik Modi reiterates Procter &amp; Gamble (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) with a Sector Perform and maintains $164 price target.

RBC Capital Reiterates Sector Perform on Procter & Gamble, Maintains $164 Price Target

Maxim Group analyst Michael Diana maintains Nicolet Bankshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIC#NYSE">NIC</a>) with a Buy and raises the price target from $124 to $131.

Maxim Group Maintains Buy on Nicolet Bankshares, Raises Price Target to $131

Raymond James analyst John Freeman maintains Antero Resources (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AR#NYSE">AR</a>) with a Strong Buy and raises the price target from $44 to $60.

Raymond James Maintains Strong Buy on Antero Resources, Raises Price Target to $60

<a href="https://www.wsj.com/articles/purdue-pharmas-sacklers-strike-new-6-5-billion-settlement-of-opioid-claims-1548617b" title="https://www.wsj.com/articles/purdue-pharmas-sacklers-strike-new-6-5-billion-settlement-of-opioid-claims-1548617b">https://www.wsj.com/articles/purdue-pharmas-sacklers-strike-new-6-5-billion-settlement-of-opioid-claims-1548617b</a>

Legal

'Purdue Pharma's Sacklers Strike New $6.5 Billion Settlement of Opioid Claims' - WSJ

Maxim Group analyst Jason McCarthy upgrades NAYA Biosciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NAYA#NASDAQ">NAYA</a>) from Hold to Buy and announces $2 price target.

Upgrades

NAYA

Maxim Group Upgrades NAYA Biosciences to Buy, Announces $2 Price Target

RBC Capital analyst Shagun Singh reiterates Johnson &amp; Johnson (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNJ#NYSE">JNJ</a>) with a Outperform and maintains $181 price target.

RBC Capital Reiterates Outperform on Johnson & Johnson, Maintains $181 Price Target

Looking into the current session, Murphy Oil Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MUR#NYSE">MUR</a>) shares are trading at $30.88, after a 0.06% spike. Moreover, over the past month, the stock went up by 6.77%, but in the past year, fell by 20.62%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2025/1737652510_0.png" alt="Past Year Chart" />

<h3>Murphy Oil P/E Ratio Analysis in Relation to Industry Peers</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Murphy Oil has a lower P/E than the aggregate P/E of 29.93 of the Oil, Gas &amp; Consumable Fuels industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1737652510_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

A Look Into Murphy Oil Inc's Price Over Earnings

Loop Capital analyst Ananda Baruah maintains Super Micro Computer (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) with a Buy and raises the price target from $35 to $40.

SMCI

Loop Capital Maintains Buy on Super Micro Computer, Raises Price Target to $40

<a href="https://www.bloomberg.com/news/articles/2025-01-23/trump-team-considering-kyle-bass-for-a-treasury-or-defense-role?srnd=ai-jobs-economy">https://www.bloomberg.com/news/articles/2025-01-23/trump-team-considering-kyle-bass-for-a-treasury-or-defense-role?srnd=ai-jobs-economy</a>
&nbsp;
The Trump administration is considering hedge fund veteran and China hawk Kyle Bass for a post at either the Treasury or Defense Department, according to people familiar with the matter.

Macro Economic Events

Economics

Federal Reserve

'Trump Team Considering Kyle Bass For A Treasury Or Defense Role' - Bloomberg News

The final voting results, as tabulated by an independent inspector of elections, will be reported on a Form 8-K that will be filed with the Securities and Exchange Commission (SEC) in the coming days and will be available on the SEC's website at <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4347082-1&amp;h=1515541632&amp;u=http%3A%2F%2Fwww.sec.gov%2F&amp;a=www.sec.gov">www.sec.gov</a>&nbsp;and on the Company's Investor Relations website. The Board intends to meet promptly to address various matters, including reconstitution of committees, appointment of a Chair, and CEO succession planning. In the interim, Mr. Ghasemi will continue as the CEO of the Company.

Management

Air Products' Seifi Ghasemi To Serve As Interim CEO

Emerging markets equities are coming off a banner 2017 in which the widely followed MSCI Emerging Markets Index surged 36.3 percent, an advantage of 1,500 basis points over the S&amp;P 500.
With momentum at the back of emerging markets stocks and the related exchange-traded funds, investors may want to consider adding the momentum factor to their developing world investments. The PowerShares S&amp;P Emerging Markets Momentum Portfolio (NYSE:<a class="ticker" href="/stock/EEMO#NYSE">EEMO</a>) is one place to start.
EEMO trailed the MSCI Emerging Markets Index last year, but still gained an impressive 31.3 percent. The ETF, which will soon turn six years old, tracks the S&amp;P Momentum Emerging Plus LargeMidCap Index.
<h3>
	More About EEMO&#39;s Methodology</h3>
&ldquo;The S&amp;P Momentum Emerging Plus LargeMidCap is designed to measure the performance of securities in emerging markets plus Korea that exhibit persistence in their relative performance,&rdquo; <a href="http://us.spindices.com/indices/strategy/sp-momentum-emerging-plus-largemidcap-index-usd">according to S&amp;P Dow Jones Indices</a>.
Like EEMO, the index turns two in February. Momentum is a favored investment factor because some market participants believe it&#39;s predictive in nature.
&ldquo;Numerous academic and practitioners&rsquo; research has shown that relative strength strategies that rank stocks based on their past returns predict relative performance over the next 3-12 months,&rdquo; said S&amp;P Dow Jones.
<h3>
	What Emerging Markets Have Momentum</h3>
EEMO holds 165 stocks and from a momentum perspective, the ETF&#39;s sector exposures aren&#39;t surprising and resemble those of U.S. momentum strategies. For example, EEMO allocates about 51.5 percent of its weight to the technology and consumer discretionary sectors, staples of many U.S. momentum funds.
China and South Korea combine for nearly 60 percent of EEMO&#39;s geographic exposure. Taiwan and India combine for almost 27 percent.
Investors are gravitating to EEMO. In 2017, EEMO hauled in $349.2 million of its $410.6 million in assets under management. Last year, only six PowerShares ETFs had larger inflows than EEMO, according to issuer data.
Related Links:
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<a href="https://www.benzinga.com/trading-ideas/long-ideas/17/12/10965058/consumer-staples-etfs-leave-investors-hungry-in-2017">Staples ETFs Leave Investors Wanting More</a>

After spending several years in relative anonymity, the PowerShares S&amp;P Emerging Markets Momentum Portfolio (NYSE:<a class="ticker" href="/stock/EEMO#NYSE">EEMO</a>) is finally getting some attention. The bulk of that attention is tied <a href="http://www.etf.com/sections/blog/perfect-monster-etf-trade-just-played-out">to a recent trade</a> that sent the ETF&#39;s assets under management tally soaring.
<h3>One Trade Boosts ETF Out Of The Shadows</h3>
Earlier this month, a single trade saw $268 million flow into EEMO. Prior to that, the ETF was nearly forgotten with just a couple million dollars in seed capital hanging around in the fund. Now, EEMO is home to $281.5 million in assets under management. Over the past month, <a href="https://www.invesco.com/portal/site/us/financial-professional/etfs/tools/flow-trend-tracker">the only PowerShares ETF</a> to add more new assets than the $274.6 million added by EEMO is the PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:<a class="ticker" href="/stock/QQQ#NASDAQ">QQQ</a>), the Nasdaq-100 tracking ETF.
With emerging markets soaring, the sudden spurt of interest in EEMO is not altogether surprising. At least not if market observers can reconcile that some investors are looking to add momentum to trade that already has plenty of it.
<h3>Adding Momentum To A Momentum Trade</h3>
The PowerShares S&amp;P Emerging Markets Momentum Portfolio tracks the S&amp;P Momentum Emerging Plus LargeMidCap Index. That benchmark &ldquo;is designed to measure the performance of securities in emerging markets plus Korea that exhibit persistence in their relative performance,&rdquo; according to <a href="https://us.spindices.com/indices/strategy/sp-momentum-emerging-plus-largemidcap-index-usd">S&amp;P Dow Jones Indices</a>.
EEMO&#39;s geographic lineup is heavily tilted toward Asia with China, South Korea and Taiwan combining for almost 57 percent of the ETF&#39;s weight. At almost 17 percent, Brazil, Latin America&#39;s largest economy, is the only other country commanding a double-digit allocation in EEMO. Overall, there are 10 countries represented in EEMO with weights ranging from 1 percent to 23.7 percent.
EEMO&#39;s momentum emphasis is also evident at the sector level as the ETF devotes 36.6 percent of its roster to technology stocks, well above the weight afforded that sector in the MSCI Emerging Markets Index. Financial services and materials stocks combine for 38 percent of EEMO&#39;s roster.
Over the past year, EEMO&#39;s net asset value has trailed the MSCI Emerging Markets, but the PowerShares ETF is topping the emerging markets benchmark on year-to-date basis, according to issuer data.
Related Links:
<a href="https://www.benzinga.com/trading-ideas/long-ideas/17/05/9443012/a-new-etf-is-an-active-idea-for-income">A New ETF Is An Active Idea For Income</a>
<a href="https://www.benzinga.com/trading-ideas/long-ideas/17/05/9459598/another-positive-for-india-etfs">Another Positive For India ETFs</a>

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