NYSEARCA:XLK - NYSE Arca - US81369Y8030 - ETF - Currency: USD
With $17 billion now earmarked for repurchases, investors remain optimistic that Cisco’s capital allocation strategy will continue to provide a tailwind for its stock.
Morgan Stanley noted that Apple’s spread between active institutional ownership and S&P 500 weighting widened by 38 bps sequentially to -2.23%.