Homeland Security Funds 5 New Projects Exploring Blockchain Technology

The Homeland Security Department tapped one U.S.-based and four international blockchain companies to explore the emerging, record-keeping technology’s potential to help refresh how the agency conducts operations.

The five startups were selected to receive phase I awards amounting to more than $800,000 collectively through the DHS Science and Technology Directorate’s Silicon Valley Innovation Program, or SVIP. Their work could eventually lead to the potential production of a Social Security number alternative that won’t divulge personally identifiable information, extend the agency and its subcomponents’ visibility into multiple supply chains—and more. 

Homeland Security leverages SVIP to invest in technological solutions that can be rapidly prototyped, and holds promise to modernize its own capabilities. Blockchain is a contemporary technology that tracks, records and authenticates information and transactions. Recognizing the burgeoning tech’s potential to transform its internal pursuits, the department launched a “Preventing Forgery and Counterfeiting of Certificates and Licenses” solicitation in 2018 calling

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Invesco to Launch Four New Funds Tied to Flagship QQQ Tech ETF

Invesco


IVZ 2.21%

is adding more Qs to its fund lineup, a wager by the world’s fourth-biggest issuer of exchange-traded products that investors’ love affair with technology stocks will continue.

The Atlanta-based asset manager will launch four new investment products tied to its flagship ETF, the

Invesco QQQ Trust

fund. At $134 billion, the Qs, as it is known across Wall Street, has grown to become one of the biggest exchange-traded products in the world and accounts for roughly 42% of Invesco’s ETF assets.

QQQ offers investors exposure to the 100 biggest nonfinancial companies listed on Nasdaq Composite Index and has proved to be a huge draw since the throes of the 2008-09 financial crisis. The four new products look to build on that popularity and help Invesco compete in an industry dominated by

BlackRock Inc.,


BLK 0.54%

Vanguard Group and

State Street Corp.

“This is going to be an

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US Homeland Security Funds Anti-Forgery Blockchain Projects in Latest R&D Round

A CBP officer inspects a shipment of flowers entering the U.S.

The U.S. Department of Homeland Security’s research and development wing, the Science & Technology (S&T) Directorate, on Friday awarded $817,712 in total to five blockchain startups in a bid to reimagine the federal government’s anti-forgery and counterfeit prevention operations.

From creating digital Social Security Number alternatives to building e-commerce tracing systems, the winners have up to six months to develop blockchain proofs-of-concepts for DHS’ client agencies. S&T’s Silicon Valley Innovation Program (SVIP), essentially an equity-free tech accelerator within S&T, is funding the round.

  • Spherity GmbH received $145,000 to develop a “digital twin” record of inbound e-commerce packages. The German company’s system would share critical information among parties without compromising privacy, SVIP said. U.S. Customs and Border Protection (CBP) is the client.
  • New Zealand-based MATTR LIMITED will build U.S. Citizenship and Immigration Services a digitally issued essential worker license using its $200,000 prize. S&T officials said COVID-19’s work shutdowns have proven
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Hedge Funds Have Never Been This Bullish On MACOM Technology Solutions Holdings Inc (MTSI)

We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not always available for the general crowd. This doesn’t mean that they don’t have occasional colossal losses; they do. However, it is still a good idea to keep an eye on hedge fund activity. With this in mind, let’s examine the smart money sentiment towards MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) and determine whether hedge funds skillfully traded this stock.

MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) investors should pay attention to an increase in support from the world’s most elite money managers of late. MACOM Technology Solutions Holdings Inc (NASDAQ:MTSI) was in 23 hedge funds’ portfolios

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Hedge Funds Are Bullish On dMY Technology Group, Inc. (DMYT)

The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds’ and investors’ portfolio positions as of June 30th, when the S&P 500 Index was trading around the 3100 level. Since the end of March, investors decided to bet on the economic recovery and a stock market rebound. S&P 500 Index returned more than 50% since its bottom. In this article you are going to find out whether hedge funds thought dMY Technology Group, Inc. (NYSE:DMYT) was a good investment heading into the third quarter and how the stock traded in comparison to the top hedge fund picks.

dMY Technology Group, Inc. (NYSE:DMYT) was in 22 hedge funds’ portfolios at the end of the second quarter of 2020. The all time high for

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ALTO Real Estate Funds is Expanding Its Acquisitions Team to Support Its Efforts to Venture Into Industrial Real Estate

Appoints industrial Real Estate professional Andre Ciani as Director of Acquisitions.

ALTO Real Estate Funds is welcoming Andre Ciani, to ALTO’s team as Director of Acquisitions. Prior to ALTO, Mr. Ciani worked for 8 years at Berkeley Partners, a San Francisco-based Real Estate private equity firm that focuses on acquiring and managing industrial assets across the United States. While at Berkeley, Mr. Ciani helped the company increase its AUM from $50M to $1B, developing extensive experience in acquisitions, financing, asset management, leasing, and dispositions. Mr. Ciani holds a BA in Economics Magna Cum Laude from Columbia University. Andre’s strong track record coupled with an extensive understanding of the US Real Estate industrial market and deep industry relationships will help steer ALTO’s Acquisition portfolio towards acquiring industrial properties in addition to open-air shopping centers. Mr. Ciani will be based in Miami, FL.

Andre Ciani will join the team together

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Russian surveillance tech startup NtechLab nets $13M from sovereign wealth funds

NtechLab, a startup that helps analyze footage captured by Moscow’s 100,000 surveillance cameras, just closed an investment of more than 1RUB billion ($13 million) to further global expansion.

The five-year-old company sells software that recognizes faces, silhouettes and actions on videos. It’s able to do so on a vast scale in real time, allowing clients to react promptly to situations It’s a key “differentiator” of the company, co-founder Artem Kukharenko told TechCrunch.

“There could be systems which can process, for example, 100 cameras. When there are a lot of cameras in a city, [these systems] connect 100 cameras from one part of the city, then disconnect them and connect another hundred cameras in another part of the city, so it’s not so interesting,” he suggested.

The latest round, financed by Russia’s sovereign wealth fund, the Russian Direct Investment Fund, and an undisclosed sovereign wealth fund from the Middle East, certainly

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Which U.S. Stock Funds Upped Their Technology Exposure The Most?

Over the past two years, a key driver of top performance for mutual funds was how big their exposure was to the big technology and Internet companies such as Microsoft (MSFT) and Apple (AAPL).

As these technology and communications stocks rallied, many funds rode the rising tide higher, leading to organically higher portfolio positions in these sectors. The average U.S. stock-fund allocation to the communication services and information technology sectors rose to 28.6% at the end of August 2020 from 24.7% in October 2018. More specifically, funds ended up holding much larger positions in software, semiconductor, and IT service stocks.

But some funds went even further, increasing their exposure well above the market indexes against which funds measure their portfolio weightings and performance—in some cases, adding another 10% of their portfolio to these stocks beyond the increase in the index holdings.

For most of 2020, a higher exposure to

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Refinitiv Lipper Chart Of The Week: Tech Sector Funds Fall Out Of Favor

Funds in Refinitiv Lipper’s Science & Technology (tech sector) classification (including both mutual funds and ETFs) suffered net outflows of $1.3 billion for the fund-flows week ended Wednesday, September 23. This was the tech sector fund group’s fifth largest one-week net outflow in its history (Refinitiv Lipper began tracking fund flows data in 1992). As could be expected from this peer group, its performance (both from a fund flows and total return perspective) has mirrored that of the technology-heavy NASDAQ Composite Index.

Similar to the majority of fund asset groups, tech sector funds were hit hard when the impact of COVID-19 took hold near the end of the first quarter. The group closed Q1 with four straight weekly net outflows that reduced their coffers by $1.8 billion. The peer group’s performance followed suit as it retreated 11.1% in March, which was slightly worse than the NASDAQ Composite which finished the

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3 Top-Ranked Technology Funds for Spectacular Returns

Risk lovers seeking healthy returns over a fairly long investment horizon may opt for technology mutual funds. It is believed that the technology sector is poised for a brighter earnings performance than others owing to greater demand for technology and innovation. Improving industry fundamentals and emerging technologies — such as wearables, VR headsets, drones, virtual reality devices and AI — are the key catalysts for the sector.

Meanwhile, most mutual funds investing in securities from these sectors prefer a growth-oriented approach that includes focusing on companies with strong fundamentals and a relatively higher investment prospect. Moreover, technology now has a broader coverage than just hardware and software companies. Social media and Internet companies are also part of the technology landscape today.

Below we share with you three top-ranked technology mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform peers in the

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