Latest news with #iSharesGlobalTechETF
Business Insider
05-07-2025
- Business
- Business Insider
Looking for Exposure to Microsoft Stock (MSFT)? Try These Two ETFs
Microsoft's (MSFT) growth prospects look robust, driven by its push into AI, cloud infrastructure, and enterprise software. Its AI-powered tools, such as Copilot, are now used by over 70% of Fortune 500 companies. Also, the tech giant is expanding its AI footprint globally, including a $400 million investment in Switzerland. Thus, investors looking for exposure to MSFT stock may consider investing in these two ETFs: Vanguard Information Technology ETF (VGT) and iShares Global Tech ETF (IXN). Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Let's take a deeper look at these two ETFs. Vanguard Information Technology ETF The VGT ETF provides investors with exposure to technology stocks, including companies in software, semiconductors, internet, and other technology-related sectors. This ETF tracks the MSCI U.S. Investable Market Index/Information Technology 25/50 Index. MSFT stock constitutes 15.11% of the ETF's holdings. Apart from MSFT, some of the top stocks in the VGT ETF are Nvidia (NVDA), Apple (AAPL), and Broadcom (AVGO). Overall, the ETF has $94.11 billion in assets under management (AUM). Also, it has an expense ratio of 0.09%. The VGT ETF has returned 38.2% in the past three months. Turning to Wall Street, the ETF has a Moderate Buy consensus rating. Of the 321 stocks held, 254 have a Buy, 60 have a Hold, and seven have a Sell ratings. At $725.62, the average VGT ETF price target implies a 7.66% upside potential. iShares Global Tech ETF The IXN ETF is ideal for long-term growth investors seeking global tech exposure. The ETF aims to track the performance of the S&P Global 1200 Information Technology Index, which includes tech giants from the U.S., Europe, and Asia. Importantly, MSFT accounts for 17.75% of IXN's total holdings. Some of the top holdings in IXN ETF include NVDA, Oracle (ORCL), and Palantir (PLTR). Overall, the ETF has $296.33 million in AUM and an expense ratio of 0.68%. Over the past three months, the IXN ETF has generated a return of 37.7%. On TipRanks, IXN has a Moderate Buy consensus rating based on 88 Buys, 32 Holds, and one Sell assigned in the last three months. At $97.95, the average IXN ETF price target implies 4.95% upside potential. Concluding Thoughts ETFs provide indirect exposure to Microsoft, reducing risk compared to investing directly in the stock. Furthermore, ETFs are a liquid and transparent way to participate in the market. Investors seeking ETF recommendations might consider VGT and IXN, as these ETFs offer exposure to MSFT stock.
Yahoo
02-05-2025
- Business
- Yahoo
Apple Beats on Q2 Earnings but Shares Slip: ETFs to Watch
Apple Inc. AAPL reported robust second-quarter fiscal 2025 results, beating estimates for revenues and earnings. However, shares of AAPL dropped 4% in after-market hours on elevated volume due to tariff has put ETFs with the largest allocation to the tech titan in focus. iShares Global Tech ETF IXN, Vanguard Information Technology ETF VGT, MSCI Information Technology Index ETF FTEC, iShares US Technology ETF IYW and Technology Select Sector SPDR Fund XLK have Apple as the top firm with a double-digit allocation. Earnings per share came in at $1.65, outpacing the Zacks Consensus Estimate of $1.61 and increasing 7.8% from the year-ago earnings. Revenues rose 5% year over year to $95.4 billion and edged past the estimated $94.3 billion (see: all the Technology ETFs here). iPhone sales grew 1.9% to $46.8 billion, buoyed by demand for the more affordable iPhone 16E. Services revenues, comprising iTunes, Apple Music, iCloud, Apple Pay and Apple Care, rose 11.6% year over year to an all-time high of $26.7 billion. Mac and iPad sales rose 6.6% and 15.2% to $7.95 billion and $6.4 billion, respectively. However, revenues from Wearables, Home and Accessories, which include Apple Watch, AirPods, HomePod, Apple TV and Beats headphones, declined 4.9% to $7.5 billion. Mac and iPad sales rose 6.6% and 15.2% to $7.95 billion and $6.4 billion, respectively. The tech giant unveiled updated MacBook Air and Mac Studio models, as well as new iPad Air models featuring M3 chips during the the ongoing fiscal third quarter, the iPhone maker expects 'low to mid-single digit' sales growth. Chief executive Tim Cook warned that Apple is likely to face a $900 million headwind as a result of tariffs in the current quarter. He added that it is 'very difficult' to predict beyond June due to uncertainties surrounding the U.S.-China trade policy. Amid the U.S.-China trade tensions and tariffs, Apple is shifting the assembly of all iPhones for the U.S. market to India as soon as next year. About 50% of iPhones for U.S. markets are now produced in India, while iPads, Macs, Apple Watches and other products are increasingly sourced from Vietnam (read: Are Apple ETFs Ripe for a Rebound?).The iPhone maker raised its quarterly dividend by 4% to 26 cents per share and announced a new stock-buyback plan totaling up to $100 billion. iShares Global Tech ETF (IXN) iShares Global Tech ETF provides exposure to electronics, computer software and hardware, and information technology companies by tracking the S&P Global 1200 Information Technology 4.5/22.5/45 Capped Index. Holding 123 stocks in its basket, Apple occupies the top spot with an 18.5% share. iShares Global Tech ETF has amassed $4.4 billion in its asset base and trades in a good volume of 503,000 shares a day, on average. The expense ratio is 0.41%. Vanguard Information Technology ETF (VGT)Vanguard Information Technology ETF manages $77.1 billion in its asset base and provides exposure to 310 technology stocks. It currently tracks the MSCI US Investable Market Information Technology 25/50 Index. Apple accounts for an 18% share. Semiconductors, systems software, technology hardware storage & peripheral, and application software are the top four sectors. Vanguard Information Technology ETF has an expense ratio of 0.09%, whereas volume is solid at nearly 1 million shares. It has a Zacks ETF Rank #1 (Strong Buy).MSCI Information Technology Index ETF (FTEC)MSCI Information Technology Index ETF is home to 296 technology stocks with an AUM of $11.6 billion. It follows the MSCI USA IMI Information Technology Index. Apple accounts for a 17.8% share in the basket. MSCI Information Technology Index ETF has an expense ratio of 0.08%, while volume is solid at 548,000 shares a day. It has a Zacks ETF Rank # US Technology ETF (IYW)iShares Dow Jones US Technology ETF tracks the Russell 1000 Technology RIC 22.5/45 Capped Index, giving investors exposure to 139 U.S. electronics, computer software and hardware, and informational technology companies. Apple makes up 16.2% of the assets. iShares US Technology ETF has an AUM of $18 billion and charges 39 bps in fees and expenses. Volume is good as it exchanges 1.1 million shares a day. It has a Zacks ETF Rank #1 (read: 5 Resilient Tech ETFs Over the Past Month Amid Worsening Outlook).Select Sector SPDR Technology ETF (XLK)Select Sector SPDR Technology ETF is the most popular and liquid ETF in the technology space, with AUM of $65 billion and an average daily volume of 8 million shares. It offers broad exposure to the technology sector and follows the Technology Select Sector Index. Select Sector SPDR Technology ETF holds about 69 securities in its basket, with Apple occupying the top position at 14.5%. Select Sector SPDR Technology ETF charges 8 bps in fees per year from investors and has a Zacks ETF Rank #1. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Technology Select Sector SPDR ETF (XLK): ETF Research Reports Fidelity MSCI Information Technology Index ETF (FTEC): ETF Research Reports iShares U.S. Technology ETF (IYW): ETF Research Reports Vanguard Information Technology ETF (VGT): ETF Research Reports iShares Global Tech ETF (IXN): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
