Invesco Real Assets ESG ETF (BATS:IVRA), Quote.Headers.trade-ideas

Real Estate

Energy

Basic Materials

Utilities

Consumer Defensive

Consumer Cyclical

The Fund seeks to achieve its investment objective by investing under normal circumstances, at least 80% of the value of its net assets (plus the amount of any borrowings for investment purposes) in exchange-traded equity securities of real assets companies (as identified below). The real assets companies in which the Fund invests are located in North America and must meet high environmental, social and governance (ESG)standards, as determined by the Funds sub-adviser, Invesco Advisers Inc.

Prologis Reit Inc

American Tower Corp.

Cheniere Energy Inc.

Equinix, Inc.

Enbridge Inc

Public Storage

Crown Castle

Kimco Realty Corp.

Regency Centers Corp.

Sba Comm Corp

Invesco Real Assets ESG ETF

<ul>
<li>ORKA-001 has an NHP half-life of 30.3 days following SQ administration and 33.8 days following IV administration, over three times longer than risankizumab and one of the longest NHP half-lives observed for an extended half-life antibody. Projections of ORKA-001 pharmacokinetics (PK) in humans indicate that a human half-life of approximately 50 days could enable dosing once every six months, while a human half-life of approximately 75 days could enable once-yearly dosing. The NHP half-life observed for ORKA-001 supports the potential to achieve these extended dosing intervals given that other YTE-modified antibodies have had an approximately two to four times longer half-life in humans than in NHPs. In addition, the extended half-life of ORKA-001 could result in higher antibody exposures than risankizumab, which could lead to greater efficacy. &nbsp;</li>
<li>ORKA-001 binds to a similar epitope with similar affinity to risankizumab and shows equivalent potency across a variety of in vitro assays. ORKA-001 binds IL-23p19 with an affinity below five picomolar. Based on cryo-EM structural analysis, ORKA-001 binds to a nearly identical epitope to risankizumab. When assessed across four different assays in cell lines and primary cells, ORKA-001 also had comparable functional potency for IL-23 antagonism. These findings support that ORKA-001 has a validated mechanism of action and further derisk its development path.</li>
</ul>

Biotech

News

Health Care

General

ORKA

Oruka Therapeutics Announced New Preclinical Data On ORKA-001, A Novel Extended Half-life Monoclonal Antibody Targeting IL-23p19, At The European Academy Of Dermatology And Venereology Congress

Emergent BioSolutions Announced It Has Secured Approximately $400M In Orders In 2024 And 2025 Associated With Its Vaccinia, Smallpox And Mpox Product Portfolio

JMP Securities analyst Aaron Hecht maintains Lennar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>) with a Market Outperform and raises the price target from $170 to $210.

Price Target

Analyst Ratings

JMP Securities Maintains Market Outperform on Lennar, Raises Price Target to $210

Large Cap

ABBV

AbbVie Announced Results From A New Post-Hoc Analysis From The Measure Up 1 And Measure Up 2 Phase 3 Studies Of Upadacitinib (15 mg Or 30 mg) In Patients With Moderate-to-severe Atopic Dermatitis

&nbsp;<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4262807-1&amp;h=18266891&amp;u=https%3A%2F%2Fwww.iridium.com%2F&amp;a=Iridium+Communications+Inc.">Iridium Communications Inc.</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IRDM#NASDAQ">IRDM</a>), a leading provider of global voice and data satellite communications, today announced that the 3rd Generation Partnership Project (<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4262807-1&amp;h=3188554480&amp;u=https%3A%2F%2Fwww.3gpp.org%2F&amp;a=3GPP">3GPP</a>) accepted Iridium's request to extend the functionality of Narrowband Internet of Things (NB-IoT) for Non-Terrestrial Networks (NTN) into the Work Plan for 3GPP Release 19 as an official Work Item. This will pave the way for Iridium's satellite service to be accessible via industry standard chipsets, furthering the company's progress in developing and deploying its newest service, Iridium NTN Direct℠, over the <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4262807-1&amp;h=2436757427&amp;u=https%3A%2F%2Fwww.iridium.com%2Fnetwork%2F&amp;a=Iridium%C2%AE+Network">Iridium&#xAE; Network</a>. Born from the company's Project Stardust initiative, the Iridium NTN Direct service being announced today is expected to be the world's first truly global&nbsp;5G NB-IoT service. <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4262807-1&amp;h=945366429&amp;u=https%3A%2F%2Fwww.3gpp.org%2Fspecifications-technologies%2Freleases%2Frelease-19&amp;a=3GPP+Release+19">3GPP Release 19</a>&nbsp;is currently scheduled to be completed in the fourth quarter of 2025.
&nbsp;
In January 2024, Iridium announced <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4262807-1&amp;h=3667490169&amp;u=https%3A%2F%2Finvestor.iridium.com%2F2024-01-10-Iridium-Unveils-Project-Stardust-Developing-the-Only-Truly-Global%2C-Standards-Based-IoT-and-Direct-to-Device-Service&amp;a=Project+Stardust">Project Stardust</a> to enable NB-IoT NTN standards-based communication through its operational LEO constellation – and has since made considerable progress at a rapid pace. Iridium NTN Direct technical development is well underway, with a successful demonstration having taken place earlier this year in a lab environment. Iridium has also joined <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4262807-1&amp;h=36862901&amp;u=https%3A%2F%2Fwww.gsma.com%2F&amp;a=GSMA%2C">GSMA,</a> and is continuing to advance development with additional trials and demonstrations scheduled for early next year.
"We're already well into our technology development, and we're excited about our progress and to see so much enthusiasm from the 3GPP community," said Greg Pelton, CTO, Iridium. "As a cloud-based service powered by the flexibility of our software-defined satellites and building upon recognized industry standards, we've been able to jump off to a super-fast start. Our team is really motivated to make this happen."
Iridium NTN Direct will offer the opportunity for smartphone companies, OEMs, chipmakers, mobile network operators (MNO) and related IoT developers who utilize 3GPP standards-based technology to leverage Iridium's existing network and globally allocated and coordinated spectrum, providing a global, low-latency LEO user experience.
"When it comes to providing D2D, we don't have to be first, but we have to be the best. Iridium NTN Direct is an important initiative for us, and we've been able to pivot on an unprecedented scale and make significant progress toward providing the best service," said&nbsp;Matt Desch, CEO, Iridium. "We're grateful for the wide industry support of our vision to expand access to Iridium's global lifeline service by enabling it for anyone with a cellular device."
The Iridium satellite constellation's crosslinked, LEO architecture and global L-band spectrum provide a service advantage versus other LEO and geostationary satellite networks. Certified to provide safety of life services by international regulatory bodies, the Iridium network is known for its reliability and continues to be the only network that provides connectivity everywhere on Earth. Operating in LEO, the Iridium constellation does not suffer from the same line-of-sight limitations, significant power requirements or outages that can affect entire regions from a single satellite as faced by geostationary systems.

IRDM

Iridium's Satellite Service Gains Momentum for 2025 Global 5G NB-IoT Expansion

CLMB

Climb Channel Solutions, Wholly Owned Subsidiary Of Climb Global Solution Announced The Addition Of  A-LIGN, A Security Vendor Leading The Industry In Compliance, To Its Global Offerings

Greg Lucas has been promoted to the role of Vice President and Chief Accounting Officer, effective as of the same date.

Management

Thermon Group Names Jan L. Schott As Senior Vice President And CFO, Effective October 14, 2024

Macquarie analyst Paul Golding initiates coverage on Cleanspark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) with a Outperform rating and announces Price Target of $20.

Initiation

CLSK

Macquarie Initiates Coverage On Cleanspark with Outperform Rating, Announces Price Target of $20

Guidance

OCTO

Eightco Holdings Expects To Deliver Revenues Of $100M For 2025

Eightco Holdings Stated That It Has Made Significant Progress In 2024 By Improving Its Balance Sheet, Most Notably Through The Elimination Of $5.4M In Convertible Notes And Increasing Shareholder Equity By $23M

The scope of work includes constructing a new water treatment plant building, a storage facility, site improvements and demolition of the existing storage building and water treatment plant.
Southland was awarded this contract based on best value for this long-standing client. This award will be included in&nbsp;third quarter&nbsp;2024 backlog.

Contracts

SLND

Southland Holdings Secures $132M Contract To Construct New Water Treatment Plant For The Bureau Of Reclamation

KYMR

Kymera Therapeutics Announced The Presentation Of Preclinical Data For KT-621 For TH2-driven Allergic And Atopic Diseases, The Company Intends To Initiate Phase 1 Trial In 2H 2024, With Data Anticipated In 1H 2025

JMP Securities analyst Andrew Boone maintains Duolingo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUOL#NASDAQ">DUOL</a>) with a Market Outperform and raises the price target from $260 to $275.

DUOL

JMP Securities Maintains Market Outperform on Duolingo, Raises Price Target to $275

ALTR

Altair Announced Its Involvement In The £5.8M Performance Integrated Vehicle Optimization Technology Project, Supported By Innovate UK And The Advanced Propulsion Centre

Goldman Sachs analyst Brian Lee reiterates Sunrun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) with a Buy and maintains $20 price target.

Reiteration

Goldman Sachs Reiterates Buy on Sunrun, Maintains $20 Price Target

STKH

Steakholder Foods Signed A Sales Agreement With Bondor Foods Ltd. to Supply Its Proprietary Plant-based Premixes For The Production Of A Line Of White Fish And Salmon Patties

The agreement builds on the work deployed across APA&#39;s global portfolio over the past three years and introduces new artificial intelligence capabilities with Palantir&#39;s Artificial Intelligence Platform (AIP) software.
The agreement builds on the work deployed across APA&#39;s global portfolio over the past three years and introduces new artificial intelligence capabilities with Palantir&#39;s Artificial Intelligence Platform (AIP) software.

PLTR

Palantir, APA Ink Multi-year, Multi-million-dollar Extension To Enterprise Agreement Originally Signed In 2021

Evercore ISI Group analyst Michael Lonegan initiates coverage on Portland Gen Electric (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) with a Outperform rating and announces Price Target of $54.

Evercore ISI Group Initiates Coverage On Portland Gen Electric with Outperform Rating, Announces Price Target of $54

Vertex Energy, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VTNR#NASDAQ">VTNR</a>) shares are tumbling lower at a premarket on Wednesday.
On Tuesday, the company inked a Restructuring Support Agreement (RSA) with full backing from its term loan lenders and filed for Chapter 11 in the U.S. Bankruptcy <a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/b41016028/vertex-energy-and-its-lenders-initiate-formal-pathway-aimed-at-achieving-sustainable-capital-struc" rel="noreferrer noopener">Court for the Southern District of Texas</a>.
Notably, the company has filed customary first-day motions and plans to operate normally while pursuing a comprehensive restructuring strategy under the RSA.
To support this process, the Consenting Term Loan Lenders have agreed to provide $80 million in Debtor-In-Possession financing, subject to specific terms and conditions.
The company has also filed a Chapter 11 plan and bidding procedures, aiming to confirm its Chapter 11 plan by the end of the year.
Chief Restructuring Officer, Seth Bullock of Alvarez &amp; Marsal, said, &#8220;We have gained significant momentum with the partnership of Vertex&#8217;s lenders over the last several months and believe the restructuring support agreement and related milestones will allow the Company to initiate a fresh start and improve long-term value as it singularly concentrates on strengthening its foundation for continued growth and stability.&#8221;
As of June 30, 2024, Vertex Energy had total cash and cash equivalents of $18.9 million, including $0.1 million in restricted cash,<a target="_blank" href="https://www.benzinga.com//node/40245391" rel="noreferrer noopener"> resulting in a net debt position of $284.9 million.</a>
This month, Vertex Energy disclosed the departure of Doug Haugh as Chief Commercial Officer (CCO). Joshua Foster is the new CCO, while CEO Benjamin P. Cowart <a target="_blank" href="https://www.benzinga.com/pressreleases/24/09/b40746784/vertex-energy-announces-management-transition" rel="noreferrer noopener">will serve as interim Chief Operating Officer</a>.
Price Action: VTNR shares are down 59.1% at $0.1475 premarket at the last check Wednesday.
Photo via Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com//node/41015137" target="_blank" rel="noreferrer noopener">Progress Software Stock Jumps On Q3 Earnings: Revenue Beat, EPS Beat, Raised Guidance And More</a></li>
</ul>

Equities

Small Cap

Movers

VTNR

Vertex Energy Files For Chapter 11 Bankruptcy, Secures $80M Lifeline Financing

Evercore ISI Group analyst Durgesh Chopra initiates coverage on Archrock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AROC#NYSE">AROC</a>) with a Outperform rating and announces Price Target of $24.

AROC

Evercore ISI Group Initiates Coverage On Archrock with Outperform Rating, Announces Price Target of $24

U.S. New Home Market Cap Spikes With Mortgage Rate Drop

Buyers' Strike Deepens: Pending Home Sales Drop To Record Low Despite Surging Supply And Much Lower Mortgage Rates

Portfolio Implications Of Powell's 'Whatever It Takes' Moment

Patience Needed In The AI Buildout

Construction Spending Squeaks To Record, Residential Construction Tries To Dig Out Of Slump

Weekly Market Pulse: Questions

Weekly Market Pulse: What Will The Fed Do?

Latest Memo From Howard Marks: Shall We Repeal The Laws Of Economics?

U.S. Equity Market Betas - Why They Matter And How They Are Changing

Invesco Real Assets ESG ETF declares monthly distribution of $0.0352

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Top Stock Ideas Sent Daily — Join and Gain Your Edge

Top Stock Ideas Sent Daily — Join and Gain Your Edge

Comments

Invesco Real Assets ESG ETF

Overview

Invesco Real Assets ESG ETF (BATS:IVRA), Quote.Headers.trade-ideas