10 funds with the largest holdings of Boeing

10 funds with the largest holdings of Boeing
The aircraft manufacturer has seen its shares fall since two crashes involving its Max 737 planes.
MAR 14, 2019

Boeing Co. has been hit hard since one of its Max 737 jetliners crashed in Ethiopia Sunday, the second instance of a fatal crash involving that type of plane in less than five months. Countries around the world decided to ground 737 Max planes earlier this week, which the U.S. Federal Aviation Authority agreed to do Wednesday. At midday Thursday, Boeing's shares were trading at $374.61, down from $422.54 at last Friday's close. Below are the mutual funds and exchange-traded funds with the biggest investments in Boeing, according to data from Morningstar Inc.
10. ProShares Ultra Dow30 (DDM) Portfolio weighting: 8.98% Assets under management: $377.3 million 9. ProShares UltraPro Dow30 (UDOW) Portfolio weighting: 9.03% Assets under management: $519.9 million 8. Direxion Daily Aerospace & Defense Bull 3X ETF (DFEN) Portfolio weighting: 9.27% Assets under management: $55.4 million 7. Industrial Select Sector SPDR ETF (XLI) Portfolio weighting: 9.37% Assets under management: $10.8 billion 6. SPDR Dow Jones Industrial Average ETF (DIA) Portfolio weighting: 10.57% Assets under management: $21.7 billion 5. Nuveen Dow 30 Dynamic Overwrite (DIAX) Portfolio weighting: 10.58% Assets under management: $650.8 million 4. Fidelity Select Air Transportation (FSAIX) Portfolio weighting: 11.73% Assets under management: $306.8 million 3. iShares US Aerospace & Defense ETF (ITA) Portfolio weighting: 12.36% Assets under management: $5.1 billion 2. Vanguard Market Neutral Fund (VMNIX) Portfolio weighting: 19.61% Assets under management: $1.4 billion 1. Fidelity Select Defense & Aero (FSDAX) Portfolio weighting: 20.27% Assets under management: $2.8 billion

Latest News

Maryland bars advisor over charging excessive fees to clients
Maryland bars advisor over charging excessive fees to clients

Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.

Wave of SEC appointments signals regulatory shift with implications for financial advisors
Wave of SEC appointments signals regulatory shift with implications for financial advisors

Reshuffle provides strong indication of where the regulator's priorities now lie.

US insurers want to take a larger slice of the retirement market through the RIA channel
US insurers want to take a larger slice of the retirement market through the RIA channel

Goldman Sachs Asset Management report reveals sharpened focus on annuities.

Why DA Davidson's wealth vice chairman still follows his dad's investment advice
Why DA Davidson's wealth vice chairman still follows his dad's investment advice

Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.

401(k) participants seek advice, but few turn to financial advisors
401(k) participants seek advice, but few turn to financial advisors

Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave