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Search resuls for: "BlackRock's iShares"


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BlackRock's iShares launched two new defined outcome funds on Friday — the iShares Large Cap Moderate Buffer ETF (IVVM) and the iShares Large Cap Deep Buffer ETF (IVVB) . The moderate buffer fund is designed to shield investors from quarterly declines between 0 and 5%, while the deep buffer fund guards against quarterly drawdowns between 5% and 20%. Buffer funds saw a surge of investor interest in 2022, when their downside protection shielded customers from the bear market. Innovator has a wide offering of buffer funds, including a popular series of monthly funds that offer a 12-month investment horizon. BJAN YTD mountain The January buffer ETF from Innovator rallied in the first half, but not as much as the S & P 500.
Persons: BlackRock's iShares, Tim Urbanowicz, Urbanowicz, Phil Toews, Toews Organizations: Equity, Toews Corporation, JPMorgan
Stock picker Cathy Wood's Ark Invest and Swiss-based exchange-traded fund (ETF) issuer 21Shares on Wednesday amended their bitcoin ETF application, while asset manager Fidelity is also expected to file a spot bitcoin ETF application, trade publication The Block reported on Tuesday. The U.S. Securities and Exchange Commission (SEC) has rejected dozens of applications for spot bitcoin ETFs, saying the proposals have not met anti-fraud and investor protection standards. These are the major firms with live SEC applications:BLACKROCK(BLK.N) - The world's biggest asset manager filed for a bitcoin ETF on June 15. INVESCO(IVZ.N) AND GALAXY DIGITAL - Invesco reactivated its September 2021 application to launch the Invesco Galaxy Bitcoin ETF on Cboe's BZX exchange. VANECK - VanEck refiled on June 22 to for approval to launch the VanEck Bitcoin Trust on Cboe's BZX exchange.
Persons: Cathy, 21Shares, BlackRock's, BNY, Cboe BZX, WisdomTree, refiled, John McCrank, Michelle Price, Daniel Wallis Organizations: U.S, Invest, Fidelity, U.S . Securities, Exchange Commission, SEC, BLACKROCK, Nasdaq, BNY Mellon, Ark, 21Shares, Company, U.S . Bank, National Association, Invesco, Galaxy, NYSE Arca, Valkyrie, Thomson Locations: BlackRock, Swiss
BlackRock files for bitcoin ETF in push into crypto
  + stars: | 2023-06-16 | by ( ) www.reuters.com   time to read: +2 min
BlackRock's iShares Bitcoin Trust will use Coinbase Custody as its custodian, according to a filing with the U.S. Securities and Exchange Commission (SEC). Last year, BlackRock launched a spot bitcoin private trust for institutional clients in the United States. A spot bitcoin ETF would track bitcoin's underlying market price. The SEC rejected Grayscale Investment LLC’s application last year to convert its flagship spot Grayscale Bitcoin Trust (GBTC.PK) into an ETF. The SEC has also rejected proposals for spot bitcoin ETFs from firms including Fidelity, Cboe Global Markets and NYDIG.
Persons: Brendan McDermid, Joshua Chu, CoinDesk, Manya Saini, Niket, Ankur Banerjee, Rae Wee, Devika Syamnath, Pooja Desai Organizations: BlackRock, New York Stock Exchange, REUTERS, U.S . Securities, Exchange Commission, SEC, Fidelity, Cboe, Thomson Locations: New York City, U.S, BlackRock, United States, Bengaluru, Singapore
The Japanese economy appears to be on stable footing and its stock market should continue to climb, according to Credit Suisse. Read more: Japan stocks are on fire this year. Ways to play it The simplest way for U.S-based investors to add exposure to Japan is through exchange-traded funds. The biggest U.S. ETF that tracks Japan is the iShares MSCI Japan ETF (EWJ) . When the yen falls versus the dollar, that can mute the returns of Japanese stocks for U.S. investors.
Persons: Andrew Garthwaite, Garthwaite, Read, BlackRock's iShares, — CNBC's Michael Bloom Organizations: Credit Suisse, Global, U.S, JPMorgan BetaBuilders Japan, JPMorgan, Japan Hedged Equity Locations: Japan, U.S
But Chaudhuri believes that stocks won't hit their 2022 lows, and that any slowdown will be mild. On the other hand, the US economy has shown signs of strength so far this year, and Chaudhuri believes that when a slowdown finally comes, it'll be both relatively mild and predictable. Within the bond market, Chaudhuri specifically recommends investors use a barbell strategy to gain exposure to both ends of the yield curve. As for the equity market, Chaudhuri said that from a historical perspective, value stocks generally outperform in a macroeconomic regime characterized by higher inflation and rates. Another benefit of value stocks is that they are currently trading more cheaply than their growth counterparts.
Electric Vehicle Charging Infrastructure ETF The Electric Vehicle Charging Infrastructure ETF (ELEC) by hanETF is expected to rise by 60.8% over the next year, according to the weighted average of analyst price targets of constituent stocks compiled by FactSet. The ETF, which tracks the Solactive Electric Vehicle Charging Infrastructure Index, is traded on the London Stock Exchange, Italy's Borsa Italiana, and Germany's Xetra and Gettex exchanges. ChargePoint , which operates the largest network of electric vehicle charging stations in North America and Europe, is the fund's largest holding as of Feb. 21, according to FactSet. For example, France's Renault is the ETF's largest holding at 4.9% of total assets. The Global X Autonomous & Electric Vehicles ETF was not included in the analysis due to a lack of price target data on FactSet.
With Wall Street jitters increasing over the number of interest rate hikes ahead, VettaFi's Todd Rosenbluth sees signs of a comeback in managed fixed-income exchange-traded funds and away from passive ETF products. "So, [investors] want to lean on the active managers to be able to do that." Rosenbluth said top ETF providers such as BlackRock's iShares and Vanguard, and newer players such as Morgan Stanley and Capital Group, are saturating the market with a wide array of fixed-income ETFs. "You've got two of the leading fixed-income ETF providers offering up some of the largest products. According to Rosenbluth, this versatility is attracting investors by offering more opportunities to take advantage of active ETFs for leverage.
International income One area where investors may look next for income is the international market, which has outperformed the U.S. in the opening weeks of 2023. Both Amplify and Schwab offer international versions of their yield funds — Amplify International Enhanced Dividend Income ETF (IDVO) and Schwab International Dividend Equity ETF (SCHY). Fixed income funds Another area that could pay off for investors is fixed income. "This is a once in many, many year opportunity to de-risk, rebalance, get back into fixed income," said Stephen Laipply, US Head of iShares Fixed Income ETFs. The fixed income ETF market is much smaller than the equity ETF market, and 2023 could see a continued growth in new categories.
Investors should stop chasing the rally in tech stocks as chances of the Fed softening its rates policy are slim, according to a top BlackRock iShares strategist. "The tech sector is particularly sensitive to rates and so we expect these recent gains to be transitory," Gargi Chaudhuri said. She also warned high inflation and weak earnings estimates in the tech sector could drag on stocks. "The tech sector, with its high growth rates, is particularly sensitive to rates and so we expect these recent gains to be transitory," she said in a note. Meanwhile, Chaudhuri warned of weak tech earnings estimates as another reason to bow out of the rally.
Retail investors and pension funds are facing millions of dollars in losses on investments in Adani Group companies, CNBC Pro can reveal. New analysis shows that 951 mutual funds and ETFs worldwide have cumulatively lost more than $4.2 billion in the value of their Adani shares this year. Adani Group Chairman Gautam Adani owns 64% of Adani Enterprises. Adani Group includes Adani Enterprises, Adani Green Energy, Adani Ports & Special Economic Zone, Adani Transmission, Adani Total Gas, Adani Power, Adani Wilmar, Ambuja Cements and ACC. Only funds that continue to have a position in Adani Group companies have been analyzed.
Many on Wall Street remain convinced that a widely expected recession is likely to roil markets once again sometime this year. Also encouraging for investors was Powell's repeated references to disinflation - a falling rate of inflation. "I think they do see a path where you can get that soft landing, that Goldilocks-type scenario play out," he said. Banks and asset managers that have reiterated recession calls in recent weeks include BlackRock, Wells Fargo and Neuberger Berman. "Do people think (rate cuts) will be in response to inflation that has been coming down or something more dramatic, in terms of economic slowdown?
Jan 17 (Reuters) - Passive products from BlackRock Inc, (BLK.N) Vanguard Group and others were rare cash recipients last year as U.S. mutual and exchange-traded funds suffered $370 billion in net withdrawals, their first annual outflows on record, researcher Morningstar Inc (MORN.O) said. Passive funds took in $556 billion last year, Morningstar said. Although the amount was about 42% lower than their net deposits in 2021, "investors appear to be buying passive funds in both good times and bad," Morningstar said. Among fund families, the largest net withdrawals were recorded at T. Rowe Price at $59.2 billion, followed by American Funds, $55.5 billion. The biggest net deposits went into BlackRock's iShares ETF product line at $166.7 billion, and $82.7 billion to Vanguard, in line with their global flow pattern.
NEW YORK, Jan 11 (Reuters) - BlackRock's iShares exchange traded funds (ETFs) gained more net flows than Vanguard's ETFs last year, according to estimates from industry tracker Morningstar, putting the world's biggest asset manager in the lead for the first time since 2019. Despite the yearly declines, net flows into ETFs, both globally and in the United States, were the second-highest ever last year, with BlackRock's iShares regaining the top position. Estimated net flows into BlackRock's global iShares ETFs amounted to about $220 billion last year against nearly $214 billion in estimated net flows into Vanguard's ETFs, according to Morningstar data. Net flows into Vanguard's ETFs had been higher in the prior two years. "For many investors, ETFs remained the vehicle of choice for low-cost, broadly diversified exposure to the stock and bond markets."
It's time to rethink bonds, according to the BlackRock Investment Institute, which said "the lure of fixed income is strong" right now. The research arm of BlackRock , one of the world's largest asset managers, urged investors to favor investment-grade bonds, short-term government debt and inflation-linked bonds amid recession fears and higher-for-longer inflation. "Higher yields are a gift to investors who have long been starved for income. "Investors also will increasingly ask for more compensation to hold long-term government bonds — or term premium — amid high debt levels, rising supply and rising inflation." The BlackRock Investment Institute has raised its overweight position on investment-grade credit, but remains underweight on long-term government bonds.
Work your cash; buy bonds Chaudhuri said it was time to rethink the role of bonds, as a higher-rate environment sees fixed income yields rise. BlackRock also said investors can earn income in the "comparative safety" of cash-like instruments through ultra-short duration securities. Reallocate away from growth stocks Growth stocks, such as Big Tech, were an investor favorite in an era of low rates. But this year, tech stocks have been among the worst-performing sectors . Live with inflation Inflation is set to stick around, given the continued strength coming from services and shelter, according to BlackRock.
BlackRock strategists recommend investors dip back into growth and tech for next year, but they say picking selective themes will be the best way to play them. BlackRock strategists say 2023 could be the year that changes the three-year pattern of growth and tech stocks moving in unison, both higher and lower. ETFs that fit these themes include BlackRock's iShares Self-Driving EV and Tech ETF , the iShares Global Clean Energy ETF , and iShares U.S. Infrastructure ETF. There is the iShares Cybersecurity and Tech ETF , IHAK and IRBO, the iShares Robotics and Artificial Intelligence Multisector ETF. BlackRock Future Health ETF, i Shares Genomics and Immunology and Healthcare ETF, and iShares Neuroscience and Healthcare ETF cover those themes.
The three major averages closed higher Friday, with the S & P 500 adding 2.37% to close at 3,752.75. Stovall said the S & P 500 had six positive moves of 1% or more in the last 17 trading days, as of Friday. Earnings, earnings, earnings About 150 S & P 500 companies report earnings in the coming week. Technically speaking Scott Redler, partner with T3Live.com, said he is watching a formation in the S & P 500 that could be positive. His first target for the S & P 500 is 3,800.
All eyes are on the Federal Reserve to see how high Jerome Powell raises interest rates. BlackRock's Gargi Chaudhuri expects a 75 basis-point hike, and thinks rates won't be cut until 2024. She says investors should buy high-quality stocks in defensive sectors, plus inflation-linked bonds. That's according to Gargi Chaudhuri, head of investment strategy at BlackRock's iShares Americas unit, which currently manages around $2.13 trillion in assets. Specifically, Chaudhuri recommended investors consider short-duration bonds like 1, 2, and 3-year US Treasuries, 1 through 5-year investment-grade corporate bonds, and front-end inflation-linked bonds.
Investment management giant Fidelity is adding more fixed-income model portfolios to its menu of products available to financial advisors. While Fidelity doesn't charge advisory fees for the model portfolios, it charges investment management fees for the underlying funds. AdvertisementInvestment-management giant Fidelity is adding more fixed-income model portfolios to its menu of products available to financial advisors. Fidelity's model portfolios are available on so-called turnkey platforms for advisers, including its own offering. AdvertisementA growing marketFidelity already offers bond model portfolios to the advisers it serves through its institutional asset management business.
Persons: iShares, , Larry Fink, Fink, Charles Schwab, Schwab, TD, Brian Snyder That's, Scott Smith, Smith, BlackRock's Fink, Russell Investments, Michelle Seitz, Russell, Seitz, — Bradley Saacks Organizations: Fidelity, BlackRock, Service, Fidelity Investments, REUTERS, Cerulli Associates, Business, Bank of America, Natixis, JPMorgan, Merrill Lynch Wealth Management Locations: Broadridge, Boston , Massachusetts
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