Insight Guru flags hidden CrowdStrike concentration risk in popular tech ETFs as CRWD trades 40% above 200-day average - CRWD News | RalliesInsight Guru flags hidden CrowdStrike concentration risk in popular tech ETFs as CRWD trades 40% above 200-day average
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CRWD• CrowdStrike concentration risk in tech ETFs
- Insight Guru analysis flagged hidden CRWD concentration risk in equity ETFs as the stock trades about 40% above its 200-day moving average.
- CRWD returned 59% over the past year, 64% over three months; valuation about 150x expected earnings with profit growth forecast near 28% a year.
- The largest cited ETF exposure was iShares IGV, where CRWD is about 7.2% of assets; IGV returned -17% over the past year.
- State Street XLK held CRWD at about 1.3% of assets; XLK returned 34% over the past year.
- Scenario analysis showed a 29% CRWD drop to its 200-day average would cut IGV about 2.1%, ARKW about 0.8%.
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