IVV

Cboe Introduces Enhanced Margin Treatment for Index Options Overwriting Strategies

Retrieved on: 
Wednesday, March 20, 2024

Cboe's suite of index options offer cash-settlement, European-style exercise and potential tax benefits

Key Points: 
  • Cboe's suite of index options offer cash-settlement, European-style exercise and potential tax benefits
    CHICAGO, March 20, 2024 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced the introduction of enhanced margin treatment for cash-settled index options.
  • Cboe's margin relief rule offers enhanced margin treatment when writing, or selling, a cash-settled index option in a margin account against an exchange-traded fund (ETF) that is based on the same underlying index.
  • Cboe is the exclusive home for S&P Dow Jones, FTSE Russell and MSCI index options, along with options on the Cboe Volatility Index (VIX).
  • To learn more about overwriting strategies with Cboe's index options, visit our website .

BlackRock Expands Voting Choice to Millions of U.S. Retail Shareholder Accounts

Retrieved on: 
Tuesday, February 13, 2024

Joud Abdel Majeid, Global Head of BlackRock Investment Stewardship, commented:

Key Points: 
  • Joud Abdel Majeid, Global Head of BlackRock Investment Stewardship, commented:
    “Broadening access to Voting Choice is one way we empower investors by making proxy voting easier and more accessible.
  • I’m thrilled that today more than three million additional shareholder accounts have an efficient solution for participating in proxy voting if they choose.
  • Today, for the first time, we’re able to unlock Voting Choice for millions of individual U.S. investors.
  • As of December 29, 2023, clients representing $598 billion in assets are exercising BlackRock Voting Choice.

BlackRock to Expand Proxy Voting Choice to Its Largest ETF

Retrieved on: 
Monday, July 17, 2023

BlackRock believes that greater choice should extend to proxy voting, and we are committed to a future where every investor can participate in the shareholder voting process.

Key Points: 
  • BlackRock believes that greater choice should extend to proxy voting, and we are committed to a future where every investor can participate in the shareholder voting process.
  • Working with technology and voting policy providers, BlackRock is planning to offer Voting Choice to eligible investors in the iShares Core S&P 500 ETF (IVV), our largest ETF and one of the most widely held.
  • This proposed expansion of BlackRock Voting Choice is subject to iShares Board approval and, if approved later this year, is expected to be in effect for the 2024 proxy voting season.
  • The expansion of Voting Choice for this ETF would bring $2.34 trillion of BlackRock’s total index equity AUM – more than half our index equity AUM globally – in scope for participation in BlackRock Voting Choice.

BlackRock Debuts First Buffer ETFs With Launch of Two Funds

Retrieved on: 
Friday, June 30, 2023

BlackRock debuted today its first buffer ETFs with the launch of the iShares Large Cap Moderate Buffer ETF (Cboe: IVVM) and the iShares Large Cap Deep Buffer ETF (Cboe: IVVB).

Key Points: 
  • BlackRock debuted today its first buffer ETFs with the launch of the iShares Large Cap Moderate Buffer ETF (Cboe: IVVM) and the iShares Large Cap Deep Buffer ETF (Cboe: IVVB).
  • Each ETF offers investors an efficient tool for seeking clearer financial outcomes and is designed to balance upside participation with less drawdown risk.
  • Managed by BlackRock’s Fundamental Equities team, iShares buffer ETFs take an innovative approach to product construction and have been designed as buy-and-hold strategies.
  • By resetting quarterly, rather than annually, the funds can more frequently adjust their buffer ranges to reflect prevailing market levels, providing a safeguard against ongoing volatility.

Lynx Teams with LDRA to Validate Conformance with Newest FACE Technical Standard

Retrieved on: 
Tuesday, September 13, 2022

LDRA offers customers the flexibility in choosing LCS as a dedicated partner for IVV and the LDRA FACE Conformance Packages from the LDRA tool suite for UoC development and test.

Key Points: 
  • LDRA offers customers the flexibility in choosing LCS as a dedicated partner for IVV and the LDRA FACE Conformance Packages from the LDRA tool suite for UoC development and test.
  • The FACE conformance packages enable customers to automate test execution and reporting of evidence, processes, and traceability to the FACE Technical Standard and the FACE Conformance Verification Matrix (CVM).
  • Utilizing LDRA Certification Services and the LDRA FACE Conformance Packages reduces risk and development time in the early release of a software offering conformant with v3.1 of the standard.
  • Visit the LDRA FACE page for more information about the LDRA FACE tool suite and services, or www.opengroup.org/face for more information about the FACE Technical Standard.

Strive’s Flagship U.S. Energy Fund DRLL Exceeds $300 Million in AUM and $420 million in traded volume Within 3 Weeks of Launch

Retrieved on: 
Tuesday, August 30, 2022

DRLL is a passively managed U.S. energy index fund that delivers a new "post-ESG" shareholder mandate to U.S. energy companies through shareholder engagement and proxy voting.

Key Points: 
  • DRLL is a passively managed U.S. energy index fund that delivers a new "post-ESG" shareholder mandate to U.S. energy companies through shareholder engagement and proxy voting.
  • Strives message to U.S. energy companies is simple: do what is best for shareholder value, said Justin Danhof, head of corporate governance at Strive Asset Management.
  • Their openness to our message shows they want to focus solely on delivering excellent products and leave politics to the politicians.
  • 1 As of market close on 8/29/22 the official closing price of DRLL came in at $28.56 which increased its AUM to $312.7 million with 10.95 million shares created.

Strive’s Flagship U.S. Energy Fund DRLL Exceeds $230 Million in AUM and $320 Million in Traded Volume Within 2 Weeks of Launch

Retrieved on: 
Tuesday, August 23, 2022

DRLL is a passively managed U.S. energy index fund that delivers a new "post-ESG" shareholder mandate to U.S. energy companies through shareholder engagement and proxy voting.

Key Points: 
  • DRLL is a passively managed U.S. energy index fund that delivers a new "post-ESG" shareholder mandate to U.S. energy companies through shareholder engagement and proxy voting.
  • Our mission is to represent the everyday citizen, and its gratifying to hear that our message is resonating with them.
  • Strive has also received over 211,000 visits to its websites since DRLL launched on August 9, 2022.
  • 2 As of market close on 8/22/22 the official closing price of DRLL came in at $27.13 which increased its AUM to $238.7M with 8.8 million shares created.

Strive’s Flagship U.S. Energy Fund DRLL Exceeds $100 Million Within First Week of Launch

Retrieved on: 
Tuesday, August 16, 2022

The fund, DRLL, is a passively managed U.S. energy index fund that delivers a new "post-ESG" shareholder mandate to U.S. energy companies through shareholder engagement and proxy voting.

Key Points: 
  • The fund, DRLL, is a passively managed U.S. energy index fund that delivers a new "post-ESG" shareholder mandate to U.S. energy companies through shareholder engagement and proxy voting.
  • Strive exceeded the trading volume of BlackRocks passively managed U.S. energy index fund, IYE, over the past week and aims to exceed the AUM of IYE by the end of 2023.
  • DRLL is compared to the IYE because it is the most similar Energy Exchange Traded fund based on index holding overlap.
  • The market value of securities in the energy sector may decline for many reasons, including, among others, changes in energy prices, energy supply and demand, government regulations and energy conservation efforts.