Latest news with #iSharesRussell2000ETF
Business Insider
2 days ago
- Business
- Business Insider
Post Q2 Earnings, Let's Look at Who Owns Rigetti Computing Stock (RGTI)
Rigetti Computing (RGTI) stock is down over 2% in the pre-market today after it reported weaker-than-expected Q2 2025 results. The quantum computing company posted a loss per share of $0.13, wider than the Street's expectations of a $0.05 loss per share. Also, the company's revenues declined 41.6% year-over-year and came in below the consensus estimate of $1.87 million. Interestingly, despite weak Q2 results, several Top analysts raised their price targets and maintained their Buy ratings on the stock. With these developments in mind, let's explore RGTI's ownership structure using TipRanks' Ownership tools. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Digging Deeper into RGTI's Ownership Structure Looking closely at top shareholders, Vanguard owns the highest stake in RGTI at 6.55%. Next up is Bessemer Venture Partners X L.P., which holds a 6.47% stake in the company. Among the top ETF holders, the Vanguard Total Stock Market ETF (VTI) owns a 2.93% stake in Rigetti Computing stock, followed by the iShares Russell 2000 ETF (IWM) with a 2.46% stake. Moving to mutual funds, Vanguard Index Funds holds about 4.19% of RGTI. Meanwhile, Fidelity Salem Street Trust owns 0.74% of the stock. Is RGTI Stock a Good Buy? Turning to Wall Street, Rigetti stock has a Strong Buy consensus rating based on seven Buys and one Hold assigned in the last three months. At $16.75, the average RGTI stock price target implies a 3.4% upside potential. Conclusion
CNBC
2 days ago
- Business
- CNBC
In unusual occurrence, both the Dow and small caps could be headed for a breakout, charts suggest
As we know, large-cap growth and technology have been breaking out from various bullish patterns over the last few months, with many now pushing to new all-time highs and extending from there. However, two key market ETFs have yet to break through their own long-term bullish patterns — ironically, they are the iShares Russell 2000 ETF (IWM) and the SPDR Dow Jones Industrial Average ETF Trust (DIA) . It's rare to see two areas on opposite ends of the market-cap spectrum looking this similar. Typically, one area leads while the other lags, allowing for rotation between them. Here, we could eventually get barbell-like leadership in play. Both IWM and DIA are well above their April lows — as is nearly everything else —but both are flat since late 2024. Most importantly, they are now showing undeniable bullish formations. Needless to say, the makeup of both ETFs is completely different, so instead of wondering if both bullish patterns can be completed, we need to dig a little deeper to understand what needs to happen for both IWM and DIA to officially break out and extend higher. Let's start with IWM. IWM is being driven, in large part, by two big groups: regional banks and biotech. They sit on opposite ends of the factor spectrum — regional banks are value-oriented and highly sensitive to interest rates, while biotech, especially small-cap biotech, is one of the most volatile segments of healthcare. Both areas have faced significant challenges recently and over the last few years. But we've seen some signs of life in the SPDR S & P Regional Banking ETF (KRE) . It has been trying to hold above a multi-week bullish inverse cup-and-handle pattern (highlighted in green). If it can continue to respect that 60-breakout zone, it would have a chance to complete an even bigger base (colored in blue) that stretches back to early 2022. In fact, all of this forms nearly a four-year basing pattern, with the head—or lowest point—marked by the regional bank crisis in March 2023. SPDR S & P Biotech ETF (XBI) has been net flat since early 2022, essentially trying — and struggling — to form a base. Every rally attempt has ultimately been sold off, though some moves have been impressively strong on a percentage basis, especially from October 2023 through early 2024. However, with the ETF unable to push much above the 100 level, momentum shifted sharply lower from late 2024 into the recent lows. From here, the best-case scenario for XBI — after its multi-month snapback — is to log a higher low above or near the mid-range of this large base. Historically, when XBI broke below the low-80s, downside momentum accelerated as traders grew impatient. If it can, in fact, log a higher low and start developing bullish patterns, its 14-day RSI, now below 50, could finally climb into the upper half of the scale (50–70). That type of RSI profile was prevalent during its strongest period from 2020 through early 2021. While large-cap technology has driven most of the gains in the broader large-cap ETFs, two of the weakest performers within the DIA Dow Jones Industrial Average this year are actually large-cap tech names. One of them, Apple (AAPL) , has recently been attempting to break through a bullish pattern. The chart also shows that previous sharp selloffs — such as the one from late 2024 through April — have repeatedly found demand near the same uptrend line drawn from April 2021. Notably, three of the past four rallies from that trendline have carried AAPL all the way back to its all-time high. We still view this scenario as probable, and if it plays out, Apple's strength could have a meaningful influence on DIA doing the same. Regarding Salesforce (CRM) , there are no clear bullish patterns at the moment, but the stock has pulled back to a key potential support zone near 230. We've seen demand return to the stock at this level three prior times since mid-2024. It also marks the breakout zone from late 2023. In other words, this is a critical level to hold. If buyers step in here again — as they have before — CRM could regain momentum, which would positively influence the ETF and potentially help push it toward all-time highs. Bottom line: These aren't all the factors at play, of course, but they are key drivers. If they can gain momentum, we could see breakouts in both IWM and DIA, potentially turning them into leaders for a period of time. — Frank Cappelleri Founder: DISCLOSURES: (None) All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL'S UNIQUE PERSONAL CIRCUMSTANCES. THE ABOVE CONTENT MIGHT NOT BE SUITABLE FOR YOUR PARTICULAR CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR. Click here for the full disclaimer.
CNBC
07-08-2025
- Business
- CNBC
Small caps are having a big week. Is this finally the breakout investors have been waiting for?
For years, investors have been looking for a big breakout in small-cap stocks. The stars may be aligning for one. The iShares Russell 2000 ETF (IWM) , which tracks the small-cap benchmark, jumped nearly 1% premarket Thursday. IWM has also had a strong week, up 2.6% — outperforming the S & P 500 . Driving the big gains in small caps this week is increased hope that the Federal Reserve will soon start cutting its benchmark lending rate after recent data showed weakness in the economy. The CME Group's FedWatch tool shows traders are pricing in a 93% chance of a Fed rate cut in September. Smaller companies benefit more than larger ones from easier monetary policy because they rely more on borrowing. If the Fed cuts rates, that lowers the cost of capital for smaller outfits, making it cheaper for these companies to take out loans to expand their businesses. Investors are also starting to find attractive opportunities in small caps. Wolfe Research strategist Rob Ginsberg noted that investors "wasted no time stepping in and buying the dip" in the Russell 2000 after Friday's broad market sell-off. Ginsberg added that the pullback led to more than 50% of Russell 2000 constituents hitting a one-month low, "a short-term indicator that is often met with buying." "The signal more often than not marks a near term bottom and is met with buying," he added. To be sure, investors have been burned many times in recent years by small caps. While the S & P 500 has reached new heights this year, the Russell 2000 is still 8% below its November record. .SPX .RUT YTD mountain SPX vs Russell 2000 year to date The Russell has also lagged the S & P 500 for five straight years. The large-cap S & P has also outperformed its small-cap counterpart in 12 of the past 20 years. "The big names have really led the day, and it's gone on for so long you almost think it will go on forever," Mellody Hobson, co-CEO of Ariel Investments, said in an interview that aired Thursday on " Squawk Box ." However, Hobson noted that a reversion has to take place at some point. "Trees do not grow to the sky," she said.
Yahoo
08-07-2025
- Business
- Yahoo
BlackRock iShares Bitcoin ETF Surges Past 700K BTC in Record-Breaking Run
BlackRock's iShares Bitcoin Trust (IBIT) now holds 700,000 bitcoin (BTC), according to Glassnode data, and has amassed $76 billion in assets under management in just 18 months, outstripping both the iShares Core S&P 500 ETF (IVV), which tracks the U.S. equity benchmark, and iShares Russell 2000 ETF (IWM), which tracks the performance of small-cap U.S. stocks. The figures beats the 600,000 BTC held by Strategy (MSTR), which started purchases in 2020, and compares with Fidelity FBTC's 203,000 BTC and Grayscale GBTC's 184,000 BTC. 'New milestone, iShares Bitcoin ETF now holds over 700,000 BTC. 700,000 Did this in 18 months. Ridiculous,' Nate Geraci, president of The ETF Store, commented in a post on X. The U.S. spot bitcoin exchange-traded funds (ETFs) debuted in January 2024 and have become the most successful ETF introductions of all time. Since inception, they have attracted $50 billion in net inflows. IBIT is now the third highest revenue-generating ETF for BlackRock across all its ETF products. Senior Bloomberg ETF analyst Eric Balchunas noted that BlackRock operates a total of 1,197 funds. 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
23-06-2025
- Business
- Yahoo
Should iShares Morningstar Small-Cap ETF (ISCB) Be on Your Investing Radar?
Looking for broad exposure to the Small Cap Blend segment of the US equity market? You should consider the iShares Morningstar Small-Cap ETF (ISCB), a passively managed exchange traded fund launched on 06/28/2004. The fund is sponsored by Blackrock. It has amassed assets over $229.55 million, making it one of the average sized ETFs attempting to match the Small Cap Blend segment of the US equity market. With more potential comes more risk, and small cap companies, with market capitalization below $2 billion, epitomizes this way of thinking. Blend ETFs are aptly named, since they tend to hold a mix of growth and value stocks, as well as show characteristics of both kinds of equities. When considering an ETF's total return, expense ratios are an important factor, and cheaper funds can significantly outperform their more expensive counterparts in the long term if all other factors remain equal. Annual operating expenses for this ETF are 0.04%, making it one of the least expensive products in the space. It has a 12-month trailing dividend yield of 1.44%. It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation to the Industrials sector--about 18.80% of the portfolio. Financials and Consumer Discretionary round out the top three. Looking at individual holdings, Duolingo Inc Class A (DUOL) accounts for about 0.41% of total assets, followed by Tapestry Inc (TPR) and Bjs Wholesale Club Holdings Inc (BJ). The top 10 holdings account for about 3.06% of total assets under management. ISCB seeks to match the performance of the MORNINGSTAR US SMALL CAP EXTENDED INDEX before fees and expenses. The Morningstar US Small Cap Extended Index comprises of small-capitalization U.S. equities. The ETF has lost about -2.89% so far this year and was up about 8.01% in the last one year (as of 06/23/2025). In the past 52-week period, it has traded between $47.12 and $64.30. The ETF has a beta of 1.10 and standard deviation of 21.62% for the trailing three-year period. With about 1589 holdings, it effectively diversifies company-specific risk. IShares Morningstar Small-Cap ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, ISCB is a reasonable option for those seeking exposure to the Style Box - Small Cap Blend area of the market. Investors might also want to consider some other ETF options in the space. The iShares Russell 2000 ETF (IWM) and the iShares Core S&P Small-Cap ETF (IJR) track a similar index. While iShares Russell 2000 ETF has $62.54 billion in assets, iShares Core S&P Small-Cap ETF has $76.94 billion. IWM has an expense ratio of 0.19% and IJR charges 0.06%. An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report iShares Morningstar Small-Cap ETF (ISCB): ETF Research Reports BJ's Wholesale Club Holdings, Inc. (BJ) : Free Stock Analysis Report iShares Russell 2000 ETF (IWM): ETF Research Reports iShares Core S&P Small-Cap ETF (IJR): ETF Research Reports Tapestry, Inc. (TPR) : Free Stock Analysis Report Duolingo, Inc. (DUOL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
