Fund Flows: IVV Adds Over 7 Billion On The Week, SPY And QQQ Shrink - Large-Cap Winners And Losers
Portfolio Pulse from Johnny Rice
Large-cap ETFs have seen significant changes in their assets under management (AUM) over the past week. iShares Core S&P 500 ETF (IVV) added $7.36 billion, while Vanguard Intermediate-Term Treasury ETF (VGIT) was up $1.06 billion. On the other hand, Invesco QQQ Trust Series I (QQQ) and SPDR S&P 500 ETF Trust (SPY) lost $1.52 billion and $1.03 billion respectively. The largest holdings for IVV, QQQ, and SPY are Apple Inc. (AAPL) and Microsoft Corporation (MSFT).
October 05, 2023 | 5:32 pm
News sentiment analysis
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NEGATIVE IMPACT
QQQ lost $1.52 billion in net assets over the past week, indicating negative investor sentiment.
The decrease in AUM suggests that investors are pulling out of QQQ, which could potentially drive its price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
SPY lost $1.03 billion in net assets over the past week, indicating negative investor sentiment.
The decrease in AUM suggests that investors are pulling out of SPY, which could potentially drive its price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
AAPL is the largest holding for IVV, QQQ, and SPY, indicating its significant influence on these ETFs.
As the largest holding for these ETFs, any significant changes in AAPL's stock price could potentially impact the price of these ETFs.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
MSFT is a major holding for IVV, QQQ, and SPY, indicating its significant influence on these ETFs.
As a major holding for these ETFs, any significant changes in MSFT's stock price could potentially impact the price of these ETFs.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
IVV added $7.36 billion in net assets over the past week, indicating strong investor interest.
The increase in AUM suggests that investors are showing strong interest in IVV, which could potentially drive its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
VGIT was up $1.06 billion in AUM on the week, indicating positive investor sentiment.
The increase in AUM suggests that investors are showing interest in VGIT, which could potentially drive its price up in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80