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Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, highlights that Bloom Energy, Illumina, and Everpure are set to join the S&P 500.
He also mentions that these companies were among the top picks on James's list.
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Balchunas recently reported that Vanguard acquired Altruist, becoming a custodian for the first time and expanding its advisory reach. He also noted that IBIT has outperformed VOO since inception, despite experiencing higher market volatility. These observations illustrate his ongoing coverage of notable asset management and ETF developments.