This week, I appeared on Schwab TV for the New York Stock Exchange. Here's a brief recap.
iShares Large Cap Core Active ETF has outperformed peers and indices since late 2023, delivering a 105% price return and maintaining strong momentum. BLCR's strategy targets fundamentally sound, high-earnings-growth stocks at reasonable valuations, with a 60% tech allocation and sector diversification to manage risk. Top holdings like NVDA, MSFT, MU, GOOG, META, and AMZN drive performance, supported by robust earnings forecasts and attractive forward PEs versus historical averages.
Active exchange traded fund inflows in the first quarter hit an all-time high of $245.21 billion, crushing last year's record by 70% and pushing global assets to $2.12 trillion.