Shares of E*TRADE Financial Corp (NASDAQ:ETFC) ended Wednesday session in green amid volatile trading. The shares closed up +0.31 points or 1.10% at $28.50 with 5.00 million shares getting traded. Post opening the session at $28.35, the shares hit an intraday low of $28.05 and an intraday high of $28.65 and the price vacillated in this range throughout the day. The company has a market cap of $7.72 billion and the numbers of outstanding shares have been calculated to be 273.69 million shares.
E*TRADE Financial Corp (ETFC) on August 26, 2016 announced results from the most recent wave of StreetWise, E*TRADE’s quarterly tracking study of experienced investors. Results show how exchange-traded fund (ETF) preferences vary by age:
- Millennials are more likely than Boomers to show interest in a range of less mainstream ETFs, including commodity, style, and foreign currency ETFs.
- Boomers prefer dividend ETFs over any other type.
- The top three ETFs for the total surveyed investor population are U.S. market index ETFs, dividend ETFs, and sector- and industry-specific ETFs.
“The strong interest in U.S. market index ETFs suggests investors have faith in the domestic markets post-Brexit,” said Rich Messina, SVP of Investment Product Management at E*TRADE Financial. “While U.S. market index ETFs are by far the most popular choice, investors are exploring additional asset classes in search of yield, downside protection, and income generating positions.”
Shares of Itau Unibanco Holding SA (ADR) (NYSE:ITUB) ended Wednesday session in green amid volatile trading. The shares closed up +0.31 points or 2.88% at $11.09 with 11.91 million shares getting traded. Post opening the session at $10.94, the shares hit an intraday low of $10.69 and an intraday high of $11.12 and the price vacillated in this range throughout the day. The company has a market cap of $63.22 billion and the numbers of outstanding shares have been calculated to be 2.88 billion shares.
Itau Unibanco Holding SA (ADR) (ITUB) provides a range of financial products and services to individuals and corporate clients in Brazil and internationally. The company operates in three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It accepts time, savings, and demand deposits; and offers personal, payroll, vehicle, and mortgage loans, as well as credit cards. The company also provides asset management, custody and bookkeeping, consortium, investment banking, and electronic payment means services, as well as private banking services.