Why Trump Accounts Picked IVV, VTI and SPYM: The ETF Strategy Behind America's New Child Investment Plan
Trump Accounts select BlackRock, Vanguard, and State Street ETFs for a $1,000 child investment program. Here's why.
Read original at benzingaStocks · News reference
Bill Ackman has praise for President Donald Trump and is a big fan of the Trump Accounts.
Reference details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Trump Accounts select BlackRock, Vanguard, and State Street ETFs for a $1,000 child investment program. Here's why.
Read original at benzingaBillionaire investor Israel Englander's Millennium Management, which manages over $92 billion in assets, has made its two largest holdings S&P 500 index ETFs: iShares Core S&P 500 ETF (IVV) and SPDR S&P 500 ETF Trust (SPY). The fund recently purchased 1.5 million shares of IVV and 4.2 million shares of SPY in Q2, demonstrating that even sophisticated investors rely on low-cost index funds for diversification.
Read original at the-motley-foolQQQ attracted $3.67 billion in ETF inflows while SPY saw $3.82 billion in outflows, as semiconductor ETFs also drew strong investor demand.
Read original at benzingaDiscover why the S&P 500 rally relies on solid earnings over euphoria, per Josh Brown and Nick Colas. Explore 3 paths forward.
Read original at benzingaGLD led ETF inflows with $1.19 billion, while QQQ, IVV and SPY shed a combined $4.35 billion as investors rotated across gold, value and defensive ETFs.
Read original at benzingaJones Trading analyst Jason Weaver maintains Pershing Square (NYSE:PS) with a Buy and raises the price target from $39 to $42.
Read original at benzinga