🟢 NVIDIA Income ETF (NVHE.TO) is trading 3.31% up on NVIDIA’s new $150 billion buyback authorization

NVHE.TO is trading at CA$14.69 (+3.31%) as NVIDIA’s expanded share-repurchase authorization supports the ETF’s underlying NVIDIA exposure.

• NVIDIA announced an additional $150 billion share-repurchase authorization, bringing the remaining total to $235 billion.
• The broader backdrop is cautious: rejection of Iran’s Strait of Hormuz proposal lifted oil and Treasury yields, pressuring wider risk sentiment. This suggests the ETF’s gain is more likely tied to NVIDIA-specific strength than a broad-market rally.