This article first appeared on GuruFocus.
Sep 10 Oracle (NYSE:ORCL) stock jumped more than 40% on Wednesday, extending gains from its latest earnings release and creating ripple effects across the exchange-traded fund market.
The rally highlights Oracle’s growing role as a cornerstone holding on Wall Street. The software giant now appears in 432 ETFs, with combined ownership exceeding 255 million shares. That depth of institutional exposure means Oracle’s move has had an outsized impact on funds with heavy tech allocations.
Among the ETFs most exposed are iShares Expanded Tech-Software Sector ETF at 9.91% of assets, Pacer Data and Digital Revolution ETF at 9.18%, and First Trust NASDAQ Technology Dividend Index Fund at 8.97%. Other notable funds with large weightings include Janus Henderson Transformational Growth ETF, FT Vest Technology Dividend Target Income ETF,…
