If You Like Vanguard's Largest Value Fund, Then You'll Love These 2 ETFs
These exchange-traded funds are good choices if you are concerned about expensive growth stock valuations.
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These exchange-traded funds are good choices if you are concerned about expensive growth stock valuations.
A staggering rise in shares of chipmaker Nvidia helped the SPDR S&P 500 ETF Trust become the first exchange traded fund to top $500 billion in assets, market participants said. A sizeable chunk of those gains came from the surge in Nvidia, whose heavy weighting in the S&P 500 gives it an outsized influence on the index’s moves. “This is a result of Nvidia climbing to new highs rather than of fresh demand for the ETF,” said Todd Rosenbluth, chief ETF strategist at VettaFi.
Both of these exchange-traded funds are great picks for long-term investors.