Latest news with #iSharesCoreS&P500ETF
Yahoo
7 hours ago
- Business
- Yahoo
QQQ Attracts $2.4B in Assets as S 500 Hits 6,000
The Invesco QQQ Trust (QQQ) pulled in $2.4 billion on Friday, boosting its assets under management to over $338 billion, according to data provided by FactSet. The inflows came as the S&P 500 surged 1% to touch 6,000 for the first time since February after nonfarm payrolls rose 139,000 in May, beating the 125,000 forecast. The SPDR Portfolio S&P 500 ETF (SPLG) attracted $707.9 million, while the iShares Core S&P 500 ETF (IVV) gained $506.4 million. The Communication Services Select Sector SPDR Fund (XLC) collected $199.7 million, and the iShares MSCI South Korea ETF (EWY) pulled in $194.4 million. The SPDR S&P 500 ETF Trust (SPY) saw outflows of $2.6 billion despite the market rally. The iShares Russell 2000 ETF (IWM) lost $719.3 million, while the iShares 20+ Year Treasury Bond ETF (TLT) experienced outflows of $639.5 million. U.S. fixed-income ETFs collected $93.7 million in net inflows, while international fixed-income ETFs gained $643.8 million. International equity ETFs attracted $567.2 million, and commodities ETFs pulled in $93.4 million. Overall, ETFs gained $867.6 million for the day. Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change QQQ Invesco QQQ Trust Series I 2,413.30 338,098.45 0.71% SPLG SPDR Portfolio S&P 500 ETF 707.92 68,556.62 1.03% IVV iShares Core S&P 500 ETF 506.43 585,200.21 0.09% XLC Communication Services Select Sector SPDR Fund 199.71 22,546.69 0.89% SGOV iShares 0-3 Month Treasury Bond ETF 195.79 48,340.78 0.41% AGG iShares Core U.S. Aggregate Bond ETF 195.57 125,516.57 0.16% EWY iShares MSCI South Korea ETF 194.35 3,725.06 5.22% SOXS Direxion Daily Semiconductor Bear 3x Shares 192.30 1,239.05 15.52% QQQM Invesco NASDAQ 100 ETF 185.77 49,210.71 0.38% BWZ SPDR Bloomberg Short Term International Treasury Bond ETF 149.28 497.62 30.00% Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change SPY SPDR S&P 500 ETF Trust -2,549.65 603,603.42 -0.42% IWM iShares Russell 2000 ETF -719.29 61,129.39 -1.18% TLT iShares 20+ Year Treasury Bond ETF -639.47 49,213.59 -1.30% RSP Invesco S&P 500 Equal Weight ETF -419.90 70,979.92 -0.59% LQD iShares iBoxx $ Investment Grade Corporate Bond ETF -419.44 29,790.99 -1.41% TQQQ ProShares UltraPro QQQ -292.10 24,424.96 -1.20% XLF Financial Select Sector SPDR Fund -278.62 48,781.08 -0.57% SMH VanEck Semiconductor ETF -226.14 23,402.96 -0.97% SOXL Direxion Daily Semiconductor Bull 3x Shares -209.89 11,811.12 -1.78% JEPQ JPMorgan NASDAQ Equity Premium Income ETF -174.06 26,169.77 -0.67% Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives -1.74 10,017.55 -0.02% Asset Allocation -10.63 24,953.68 -0.04% Commodities ETFs 93.38 217,648.75 0.04% Currency -235.21 138,757.69 -0.17% International Equity 567.15 1,811,464.90 0.03% International Fixed Income 643.79 293,245.40 0.22% Inverse 254.60 15,135.29 1.68% Leveraged -590.19 118,340.82 -0.50% US Equity 52.73 6,824,072.08 0.00% US Fixed Income 93.71 1,666,330.59 0.01% Total: 867.60 11,119,966.76 0.01% Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the | © Copyright 2025 All rights reserved
Yahoo
25-04-2025
- Business
- Yahoo
IVV, VOO Help Global ETF Inflows Reach New Heights in Q1
The global ETF industry set a new high mark for first-quarter inflows, suggesting investor confidence remains strong despite recent market volatility. ETFs worldwide collected $463.5 billion in the first quarter of 2025, according to London-based ETFGI's March 2025 Global ETFs and ETPs report. This surpasses the previous first-quarter record of $397.5 billion set in 2024, according to the research firm's data. The record-breaking quarter comes despite major market indexes posting declines, with the S&P 500 down 5.6% in March, according to the ETFGI report. This marks the 70th consecutive month of positive net inflows for the global ETF industry, demonstrating solid investor appetite for exchange-traded funds. March alone saw $158.8 billion flow into ETFs globally, according to ETFGI. The global ETF industry now manages $15.2 trillion in assets, up 1.6% since the end of 2024. Active ETFs have emerged as a growth driver, attracting $41.5 billion in March alone and $145.3 billion for the quarter, according to ETFGI. This represents an increase from the $71.8 billion gathered during the same period last year. Equity ETFs remained the dominant category with $211.6 billion in first-quarter inflows, though this was slightly below the $234.7 billion gathered in the first quarter of 2024, according to ETFGI data. Fixed-income ETFs collected $81.3 billion, while commodity ETFs reversed last year's outflows to attract $21.9 billion. The iShares Core S&P 500 ETF (IVV) led individual fund flows in March, gathering $23.6 billion, according to the ETFGI report. Other popular U.S. funds included the Vanguard S&P 500 ETF (VOO) with $6.5 billion and the iShares 0-3 Month Treasury Bond ETF (SGOV) with $3.9 billion in March inflows. Gold-focused products also saw strong demand, with the SPDR Gold Shares (GLD) attracting $2.9 billion in March, according to the ETFGI report, making it the seventh-highest inflow among all ETFs globally for the month. Beyond the U.S., developed markets showed better performance, declining just 0.4% in March while gaining 5.7% year to date, according to the ETFGI report. Among emerging markets, the Czech Republic and Greece stood out with March gains of 14% and 13%, respectively. Denmark and the United States saw the largest decreases among developed markets in March, Deborah Fuhr, managing partner, founder and owner of ETFGI, noted in the report. The global ETF industry now encompasses 13,832 products, with 27,411 listings from 852 providers across 81 exchanges in 63 countries, according to | © Copyright 2025 All rights reserved Sign in to access your portfolio
Yahoo
25-04-2025
- Business
- Yahoo
IVV, VOO Help Global ETF Inflows Reach New Heights in Q1
The global ETF industry set a new high mark for first-quarter inflows, suggesting investor confidence remains strong despite recent market volatility. ETFs worldwide collected $463.5 billion in the first quarter of 2025, according to London-based ETFGI's March 2025 Global ETFs and ETPs report. This surpasses the previous first-quarter record of $397.5 billion set in 2024, according to the research firm's data. The record-breaking quarter comes despite major market indexes posting declines, with the S&P 500 down 5.6% in March, according to the ETFGI report. This marks the 70th consecutive month of positive net inflows for the global ETF industry, demonstrating solid investor appetite for exchange-traded funds. March alone saw $158.8 billion flow into ETFs globally, according to ETFGI. The global ETF industry now manages $15.2 trillion in assets, up 1.6% since the end of 2024. Active ETFs have emerged as a growth driver, attracting $41.5 billion in March alone and $145.3 billion for the quarter, according to ETFGI. This represents an increase from the $71.8 billion gathered during the same period last year. Equity ETFs remained the dominant category with $211.6 billion in first-quarter inflows, though this was slightly below the $234.7 billion gathered in the first quarter of 2024, according to ETFGI data. Fixed-income ETFs collected $81.3 billion, while commodity ETFs reversed last year's outflows to attract $21.9 billion. The iShares Core S&P 500 ETF (IVV) led individual fund flows in March, gathering $23.6 billion, according to the ETFGI report. Other popular U.S. funds included the Vanguard S&P 500 ETF (VOO) with $6.5 billion and the iShares 0-3 Month Treasury Bond ETF (SGOV) with $3.9 billion in March inflows. Gold-focused products also saw strong demand, with the SPDR Gold Shares (GLD) attracting $2.9 billion in March, according to the ETFGI report, making it the seventh-highest inflow among all ETFs globally for the month. Beyond the U.S., developed markets showed better performance, declining just 0.4% in March while gaining 5.7% year to date, according to the ETFGI report. Among emerging markets, the Czech Republic and Greece stood out with March gains of 14% and 13%, respectively. Denmark and the United States saw the largest decreases among developed markets in March, Deborah Fuhr, managing partner, founder and owner of ETFGI, noted in the report. The global ETF industry now encompasses 13,832 products, with 27,411 listings from 852 providers across 81 exchanges in 63 countries, according to | © Copyright 2025 All rights reserved Sign in to access your portfolio
Yahoo
25-04-2025
- Business
- Yahoo
Head of iShares Canada Exits BlackRock Amid Restructuring
Helen Hayes, BlackRock Inc.'s (BLK) head of iShares in Canada, has left the firm, according to Bloomberg, which cited an internal memo. The move comes amid a broader restructuring at BlackRock. The memo did not say that Hayes would be replaced, Bloomberg reported, adding that the memo said, Hayes 'expressed her intention to pursue new opportunities outside of the firm.' BlackRock declined to comment on or confirm the departure to Tracey Grant will move on from her role as head of institutional client business in Canada to Philadelphia, where she will have a new position focused on strategic initiatives, Bloomberg reported. Sarah Butcher will take over Grant's role, reporting to Marcia Moffat, country head of Canada, and Roque Calleja, head of institutional capital formation for the Americas. Bloomberg also reported that Steven Leong will now serve as head of Canada product and markets and that the asset management firm is hiring a new position that will lead the wealth and asset manager sales channel for Canada. The news comes after the departure of Mark Wiedman—a senior executive who was often thought to be the person most likely to succeed BlackRock founder Larry Fink—earlier this year. Hayes joined the world's largest asset manager in 2021, according to her LinkedIn profile. Prior to working with BlackRock, she served in various roles at Toronto-headquartered CIBC Capital Markets, most recently as managing director and head of international equity sales and trading. She's also previously worked at UBS. Royal Bank of Canada Global Asset Management, which formed exchange-traded fund (ETF) provider RBC iShares with BlackRock in 2019, did not immediately respond to request for comment on Hayes's departure. New York-based BlackRock is the world's biggest ETF issuer with $4.3 trillion in more than 1,500 funds. In the U.S. it manages $3.1 trillion in 468 ETFs. Its largest fund is the $522.8 billion iShares Core S&P 500 ETF (IVV).Permalink | © Copyright 2025 All rights reserved
Yahoo
22-04-2025
- Business
- Yahoo
Is Oracle Corporation (ORCL) the Cheap Blue Chip Stock to Buy According to Hedge Funds?
We recently published a list of . In this article, we are going to take a look at where Oracle Corporation (NYSE:ORCL) stands against other cheap blue chip stocks to buy according to hedge funds. The broad-based market anxiety increased as the US policy uncertainty rose, says Fidelity. The financial markets were weighed down by tariff hikes, deregulation, and tighter immigration policies. The global business cycle is now less synchronized. As per the investment management firm, the US seemed to show mid- and late-cycle dynamics in Q1 2025. Furthermore, the diversification across fixed income and non-US assets is of utmost importance amid growth risks. While the gold and commodities gained, the US dollar decline fueled the non-US equities, says Fidelity. As per Fidelity, the uncertainty regarding the direction of US policy impacted the financial markets during Q1, with investors digesting the news related to executive actions, such as tariff increases, deregulation announcements, reduced government staffing and programs, and tougher immigration activities. Also, the worries related to the economic effects of the tariff increases on the global economy saw an increase during the days after the quarter closed. Despite elevated growth risks, the global expansion was intact as of the close of Q1. Fidelity opines that diversification in fixed income assets and non-US assets is essential. As per the investment manager, the S&P 500 Index delivered a return of −4.3% for Q1 2025, partly because of the performance of growth stocks (−10%). On the other hand, gold (+19%) and commodities (+8.9%) saw robust gains amid higher market uncertainty. READ ALSO: and . According to Fidelity, the consumer inflation remained rangebound at ~3% during Q1, which was well above the 2% target of the US Fed. The firm anticipates sticky inflation around 3% for the next year, with upside risk resulting from tariff increases. As per the firm, the consumer inflation expectations have increased to multi-decade highs, making it simpler for businesses to pass the increased costs. Coming to the labor, it has remained tight so far, despite increased policy uncertainty, government layoffs, and federal funding cuts, says Fidelity. On the supply side, the broader labor force participation has stalled below the pre-pandemic rate due to slowing immigration as well as demographic constraints. As per Marci McGregor, Head of Portfolio Strategy (Chief Investment Office), Merrill and Bank of America Private Bank, the next few months can be a good time to play defense. The investors can consider defensive, dividend-paying, and value-oriented stocks. For the long term, the investors can position themselves for when the uncertainty around trade decreases. The volatility can provide a chance to buy assets supporting the long-term strategy at attractive prices, says McGregor. To list the 10 Cheap Blue Chip Stocks to Buy According to Hedge Funds, we scanned the holdings of the iShares Core S&P 500 ETF and chose companies that trade at a forward P/E of less than ~20.0x. We also mentioned the hedge fund sentiments around each stock, as of Q4 2024. Finally, the stocks were arranged in ascending order of their hedge fund sentiments. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A team of IT professionals meticulously crafting a large-scale enterprise performance management system. Oracle Corporation (NYSE:ORCL) provides products and services addressing enterprise information technology environments. Morningstar expects annual revenue growth to consistently reach the low teens between fiscal 2026 and 2030, with the adoption of OCI and Oracle Cloud Applications increasing. Furthermore, cloud services and license support are expected to become critical growth drivers for Oracle Corporation (NYSE:ORCL). The firm also expects that the services segment can fare better with low-single-digit revenue growth, with customers relying on Oracle for data infrastructure consulting services. Morningstar believes that its wide moat is being supported by increased switching costs. Database systems and other enterprise software that Oracle Corporation (NYSE:ORCL) sells remain important for the day-to-day operation of modern enterprises. Furthermore, companies tend to stay with the same vendor for years on the application side and even decades for core systems in a bid to ensure optimal business continuity, opines Morningstar. This is expected to keep Oracle Corporation (NYSE:ORCL)'s return on invested capital above its cost of capital over the upcoming 20 years, given that it is a critical player in such areas. Artisan Partners, an investment management company, released its Q4 2024 investor letter. Here is what the fund said: 'Notable adds in the quarter included GE Vernova and Oracle Corporation (NYSE:ORCL). We believe Oracle is entering an interesting profit cycle as its faster growing business units become a larger percentage of the revenue mix. Most notably, Oracle Cloud Infrastructure (OCI) has undergone a significant product upgrade cycle that will enable it to be the primary incremental top-line growth driver. The company is winning new accounts due to its attractive pricing, flexibility and expanding geographic availability. Also, within its SaaS segment, we believe the company will benefit from the secular trend toward cloud computing. Oracle experiences a significant profit boost as it moves its lower margin on-premise database business to the cloud (through any cloud provider), which operates at higher margins. The company recently surprised investors by announcing a 2029 revenue target of $104 billion, which implies an acceleration in annual revenue growth to ~16% from the current ~9%–10%levels. Shares pulled back in the quarter, and we used it as a buying opportunity.' Overall, ORCL ranks 3rd on our list of cheap blue chip stocks to buy according to hedge funds. While we acknowledge the potential of ORCL as an investment, our conviction lies in the belief that some deeply undervalued AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for a deeply undervalued AI stock that is more promising than ORCL but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
