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For decades, overweighting specific S&P 500 sectors within small portfolio allocations has been a primary way for investors and financial advisors to add alpha to core stock index returns, but themes like AI and thematic ETFs are attracting more of that money.
A noticeable shift is happening in the world of ETFs, as traders move more toward actively managed and fixed income funds. TMX VettaFi head of research and editorial Todd Rosenbluth and TCW global head of distribution Jennifer Grancio join CNBC's Dominic Chu on “ETF Edge” to discuss what's driving this change.
TCW Artificial Intelligence ETF (NYSEARCA:AIFD - Get Free Report)'s stock price shot up 0.5% during trading on Thursday. The stock traded as high as $42.29 and last traded at $42.22. 45,810 shares traded hands during mid-day trading, an increase of 191% from the average session volume of 15,720 shares. The stock had previously closed
Shares of TCW Artificial Intelligence ETF (NYSEARCA:AIFD - Get Free Report) were up 1% on Friday. The company traded as high as $38.27 and last traded at $38.23. Approximately 1,995 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 16,766 shares. The stock had previously closed at
Jennifer Grancio, TCW global head of ETFs, joins 'Squawk on the Street' to discuss ETF activity, market competition, and much more.
The emergence of China-based AI startup DeepSeek triggers a trillion-dollar sell-off in U.S. and European technology stocks.
Throughout 2024, equities have mainly demonstrated strong performance. They've inspired investors to bolster their equity exposure through a variety of ETF products.
I know many people have not looked at their portfolios or portfolio statements since the beginning of the summer (or perhaps longer). Upon review they might see the iShares S&P 500 Growth (IVW) was up approximately 25% for the year as of mid-September.
SEC filings for AIFD aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.