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Benzinga
Benzinga
Business
Chandrima Sanyal

Nvidia, Amazon, Tesla Among Tech Stocks Hedge Funds Are Piling Into — Here's How ETFs Like IVV, SPY, VOO Are Riding The Wave

Tech ETFs

The world’s biggest hedge funds are making some eyebrow-raising moves and they’re laser-obsessed with one thing: Big Tech. Based on the most recent 13F filings, institutional investors and hedge funds poured billions into big tech stocks such as Nvidia (NASDAQ:NVDA), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), Tesla (NASDAQ:TSLA) and Apple (NASDAQ:AAPL) during the last quarter. Even ETFs themselves, like the iShares Core S&P 500 ETF (NYSE:IVV), experienced big inflows of more than $21 billion.

So what does it all mean for average investors? Two things:

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