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Apple shares climbed nearly 1% on the news, bringing it closer to reclaiming the throne as the biggest US company by market cap.
It’s become harder for direct-indexing strategies to generate the tax losses that underpin much of SMAs’ appeal.
A handful of products were selected for the new government-sponsored accounts, including products from Vanguard and BlackRock.
The two-seat Fiat Topolino electric vehicle weighs just 1,073 pounds and is only about 8 feet long, with a max speed of 25 mph.
With SpaceX’s mammoth IPO in the rear-view mirror, ETF providers are taking advantage of an influx of other market debuts.
Opinions ranged from “bullish” to “extremely bullish” among the four big banks that led the SpaceX IPO, as each initiated coverage on Tuesday.