These 4 ETFs Feature on CNBC's 'Final Trades'
Priya Nigam 4 years ago
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On CNBC’s “Halftime Report Final Trades,” JPMorgan Private Bank’s Anastasia Amoroso chose iShares iBoxx $ High Yield Corporate Bond ETF (NYSE: HYG), saying that she wanted &ldq
On CNBC’s “Halftime Report Final Trades,” JPMorgan Private Bank’s Anastasia Amoroso chose iShares iBoxx $ High Yield Corporate Bond ETF (NYSE:HYG), saying that she wanted “something that could potentially beat cash.”
The index offers a yield of 9.6%, and the ETF’s fundamentals have improved considerably over the years, Amoroso mentioned. “These companies are not grappling with floating rate expenses,” she added.
Bryn Talkington of Requisite Capital Management said that JPMorgan Equity Premium Income ETF (NYSE:JEPI) represents a “defensive equity strategy.” The ETF sells out of the money calls and its volatility is high with an SEC yield of around 12% annualized, that pays out monthly, she stated.
Check out other ETFs making moves in the premarket.
Stephen Weiss of Short Hills Capital Partners said ProShares Short 20+ Yr Treasury (NYSE:TBF) is unlikely to go below 4% on the tenure.
Joseph Terranova of Virtus Investment Partners chose iShares Biotechnology ETF (NASDAQ:IBB) as his final trade.