Latest news with #etf.com
Yahoo
2 days ago
- Business
- Yahoo
Pacer ETF Files With SEC for New Pair of Cash Flow Funds
Pacer ETF is expanding its suite of exchange-traded funds with two new free cash flow funds: the Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF (SCOW) and the Pacer S&P MidCap 400 Quality FCF Aristocrats ETF (MCOW), according to a preliminary prospectus filed with the Securities and Exchange Commission (SEC) on May 9. SCOW will seek to track the S&P SmallCap 600 Quality FCF Aristocrats Index, which measures the performance of companies in the S&P SmallCap 600 Index that have had positive free cash flow (FCF) for at least seven years in a row, as well as high FCF margin and high FCF return on invested capital. MCOW will seek to track the performance of the S&P MidCap 400 Quality FCF Aristocrats Index, which measures the performance of companies in the S&P MidCap 400 Index that meet the same criteria. Pacer Advisors will be the funds' investment adviser, and the effective date, according to the filing, would be July 23, 2025. Management fees weren't included in the initial prospectus. Pacer ETF has 52 ETFs and total assets under management of $37.6 billion, according to FactSet data. Its Pacer Cash Cows ETF Series aims to provide investors with capital appreciation over time by screening broad-based indexes to identify quality companies with high free cash flow yield or margin. Some of the funds in this series include the Pacer US Small Cap Cash Cows ETF (CALF), with $4.4 billion in assets under management, and the Pacer US Cash Cows Growth ETF (BUL), which currently houses $78 million of AUM. 'Pacer is excited to work further with S&P as an index provider to potentially deliver additional opportunities to express Free Cash Flow with more of a Quality and Blend exposure,' a spokesperson for the firm told via an emailed | © Copyright 2025 All rights reserved Sign in to access your portfolio
Yahoo
3 days ago
- Business
- Yahoo
VanEck Launches Europe's First Only Quantum Computing ETF
VanEck has launched Europe's first quantum computing ETF targeting companies involved in the development or application of the technology. The VanEck Quantum Computing UCITS ETF (QNTM) is listed on Deutsche Borse and the London Stock Exchange with a total expense ratio (TER) of 0.55%. Physically replicating, QNTM tracks the MarketVector Global Quantum Leaders index, capturing 30 companies that are either 'pure plays,' generating the majority of their sales with quantum computing technologies or services, or companies heavily investing in quantum research. Pure play companies include IonQ, Inc. (IONQ), Rigetti Computing, Inc. (RGTI) and D-Wave Quantum Inc. (QBTS), while the index also includes larger companies like International Business Machines Corp. (IBM), Alphabet Inc. (GOOGL) and Honeywell International Inc. (HON) that are investing in quantum research. The selection is based on revenue exposure or the number of relevant patents held. To increase QNTM's theme purity, pure-play stocks are given higher weightings. A quantum computer is a new type of computer that can solve certain problems particularly quickly because, unlike conventional computers, it can calculate many different paths simultaneously. Martijn Rozemuller, CEO of VanEck Europe said, 'We are currently experiencing the start of the quantum computer era. The theoretical foundations of quantum computers have been known since the late 20th century." 'But it is only in recent years that the idea has become a global wave of innovation—technology giants and governments are investing billions and over 10,000 relevant patents have been granted worldwide in the last five years alone. This is impressive proof that the quantum age has long since begun,' he added. VanEck previously gained first-mover advantage by launching Europe's first defense ETF in 2023, which has amassed $5.2 billion to date. This article was originally published at sister publication ETF | © Copyright 2025 All rights reserved
Yahoo
4 days ago
- Business
- Yahoo
Abu Dhabi Sovereign Wealth Fund Adds to IBIT Position
Abu Dhabi sovereign wealth fund Mubadala has expanded its position in the iShares Bitcoin Trust ETF (IBIT) in the latest example of institutions increasingly turning to non-traditional exposures wrapped in an ETF. According to its latest filing with the Securities and Exchange Commission, Mubadala has $408.5 million currently invested in the $67.9 billion Bitcoin ETF, which is a 6% increase from the previous quarter. Riverview Capital Advisers and Focus Partners Wealth have also been using IBIT, further highlighting institutional uptake, with Riverview buying IBIT in the final quarter of 2024. Meanwhile, the State of Wisconsin Investment Board, which manages assets for the Wisconsin Retirement System and other state-managed funds, exited its position from IBIT by withdrawing $321.5 million from the flagship exposure. The entering and exiting of positions from institutions highlights how asset owners are accessing the less correlated returns offered by Bitcoin, when offered through an ETF wrapper with architecture developed by several traditional finance counterparties, including BlackRock, BNY Mellon and JPMorgan Securities Services. IBIT was one of the first to launch in the U.S. after the SEC approved spot Bitcoin ETFs in January 2024. More broadly, ETFs are increasingly being adopted as an investment vehicle among institutions, particularly in exposures where ETFs are among the first traditional wrappers offering access. Invesco secured record-breaking seed funding for an ETF from Finnish pension insurer Varma last year, receiving $2.4 billion in funding for the U.S.-listed Invesco MSCI Global North America Climate ETF (KLMN). In addition, there is a strong appetite from pension funds and insurance companies for UCITS ETFs, with these investors contributing to a quarter of BlackRock's ETF inflows last year. This article was originally published at sister publication ETF | © Copyright 2025 All rights reserved Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
Invesco Launches New Active Global Equity ETF in Europe
Invesco has launched a systematic active ETF aiming to outperform global equities but with similar risk-reward characteristics to the benchmark, according to sister publication ETF Stream. The Invesco Global Enhanced Equity UCITS ETF (IQGA) debuts with a total expense ratio of 0.24% and is listed on Deutsche Boerse, Euronext Milan and the London Stock Exchange. The strategy, run by the Invesco Quantitative Strategies (IQS) team, has been in existence since 2005 and targets 1% outperformance per year versus the MSCI World Index with a tracking error in the 1%-1.5% region. It uses a proprietary model to identify attractive investments within the global large- and mid-cap equity universe before an optimization process finds the optimal trade-off between risk considerations, transaction costs and the portfolio's exposure to value, quality and momentum factors. Erhard Radatz, global head of portfolio management at Invesco Solutions, said, 'Our philosophy is based on an expectation that cheap will outperform expensive, trends will persist for a while and high quality will beat low quality." 'Results since the launch of the strategy 20 years ago seem to support this,' he added. Meanwhile, Gary Buxton (pictured), head of EMEA and APAC ETFs at Invesco, said the new ETF is 'a great example of an active approach that fits seamlessly into our efficient ETF structure." 'An ETF following such a repeatable, systematic process is a natural extension to the rules-based, beta and smart beta ETFs currently available,' he noted. Invesco joins a host of other issuers including HSBC, Schroders, Goldman Sachs and BNP Paribas that have recently or are about to launch low-tracking-error active ETFs. This article was originally published at sister publication ETF | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
AAPL, EU in New Tariff Crosshairs as ETFs Wobble
Stocks wobbled Friday after a pair of fresh tariff threats from President Donald Trump rattled investors, though markets ultimately seemed to brush off the news as more bark than bite. Posting on Truth Social, Trump called on Apple to shift iPhone production to the United States, writing, 'I expect their iPhone's [sic] that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else. If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S.' Apple Inc. (AAPL) shares, which make up about 6% of the SPDR S&P 500 ETF Trust (SPY), fell nearly 3% on the day. Apple holdings in ETFs: Source: That weighed on SPY and similar large-cap ETFs. SPY dipped as much as 1.3% in early trading before paring losses to trade down around 0.5% midday. Shortly after his Apple comments, Trump turned his attention to Europe. In another post, he proposed a sweeping 50% tariff on imports from the European Union starting June 1, blaming the bloc for what he described as "unfair" trade practices and a persistent U.S. trade deficit. 'I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025. There is no Tariff if the product is built or manufactured in the United States,' he wrote. The iShares MSCI Eurozone ETF (EZU) initially dropped as much as 1.9% on the news but later rebounded to trade down just 0.7%. EZU remains up 24% year to date, far outpacing SPY, which is roughly flat. Despite the fiery rhetoric, investors appear increasingly desensitized to tariff headlines. Trump has frequently used aggressive trade threats as negotiating leverage—most notably in his dealings with China. Many traders seem to believe the latest moves are part of a broader negotiation strategy rather than a guaranteed policy shift. Treasury Secretary Scott Bessent echoed that view Friday, saying he hoped the tariff threat would 'light a fire under the EU' to reach a deal. Markets are also watching the courts, where several of Trump's past tariffs are being challenged. The U.S. Court of International Trade is expected to weigh in soon on whether some of the tariffs, which critics argue were arbitrarily applied, overstep presidential authority. Legal experts anticipate that any ruling will ultimately be appealed to the Supreme Court. For now, investors are taking the view that the worst-case trade scenarios may not come to | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
