Okta Inc. recorded the highest combined net inflows among active ETFs over the past 30 days, attracting $142 million with an impact score of 43 for initiated positions. BlackRock’s $13 billion active tech ETF led the buying activity, while JPMorgan and Nuveen also established new positions in their respective tech and growth funds. The cybersecurity firm, which provides security infrastructure for AI agents, has seen its market capitalization surge from $11 billion to $33 billion in just five months.
Institutional momentum continues to build as Okta is now under consideration for S&P 500 inclusion during the next rebalance. Bank of America simultaneously announced an increased price target on the stock this morning, reinforcing growing Wall Street confidence in the company's trajectory within the AI security sector.
Okta Leads Active ETF Inflows With $142M as Market Cap Triples to $33B
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