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2 ETFs On The Move After The State Of The Union Address

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2 ETFs On The Move After The State Of The Union Address
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President Barack Obama presented his penultimate State of the Union address Tuesday night and it touched on a number of topics that could affect the stock market and may have perked the ears of investors.

The speech hit on important topics such as cybersecurity and the progress of the president’s extensive healthcare reform. The two specific topics have ETFs that track the sectors mentioned and both are on the move Wednesday.

Related Link: State Of The Union To Spotlight Cybersecurity

Cybersecurity

The PureFunds ISE Cyber Security ETF (NYSE: HACK) consists of 30 companies that focus on infrastructure, software and hardware, as well as firms that offer consulting and monitoring of cyber risks.

The top individual holdings include:

  • AHNLab making up 5 percent of the ETF
  • Infoblox Inc (NASDAQ: BLOX) with a 4.7 percent allocation
  • FireEye Inc (NASDAQ: FEYE) coming in at 4.7 percent as well
  • KEYW Holding Corp. (NASDAQ: KEYW) at 4.6 percent

The ETF is heavily distributed across five countries with the United States at 72 percent, Israel at 12 percent, the Netherlands at 5 percent and South Korea at 5 percent. Since its inception on November 11, 2014, HACK is up 4.5 percent and recently the volume has been increasing as investors realize the longer-term threats in the sector. The ETF has an expense ratio of 0.75 percent.

Healthcare

The iShares Dow Jones US Health Care(ETF) (NYSE: IHF) is made up of 51 U.S.-based companies that provide health insurance, diagnostics and specialized treatment. The holdings are broken down into five sectors, with the vast majority (95 percent) invested in health care providers and services.

The top individual holdings include:

  • United Health Group Inc. (NYSE: UNH) at 14.5 percent
  • Express Scripts Holding Company (NASDAQ: ESRX) making up 10.1 percent
  • Anthem Inc (NYSE: ANTM) coming in at 7.1 percent

The healthcare ETF is up 28 percent over the last 12 months and up 16 percent over the last six months. IHF has an expense ratio of 0.43 percent.

Posted-In: AHNLab Barack Obama The Affordable Care ActSector ETFs Specialty ETFs New ETFs Trading Ideas ETFs Best of Benzinga

 

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