Fundstrat ETFs Adjust Holdings in Quarterly Rebalance
The Fundstrat Granny Shots US Large Cap ETF and the Fundstrat Granny Shots US Large Cap & Income ETF have completed their quarterly rebalancing. The funds added Intel (INTC) and Micron Technology (MU), while exiting positions in Meta Platforms (META) and Broadcom (AVGO). This move reflects a strategic shift within these ETFs to adjust exposure based on market conditions or performance criteria. The addition of INTC and MU suggests increased confidence in the technology sector, particularly semiconductors. Conversely, removing META and AVGO may indicate reduced interest in tech stocks with higher valuations or shifting portfolio risk profiles.
Tickers: $AVGO $GRNY $INTC $META $MU $SPCX
Topics: ETF rebalancing stock additions