Goldman Sachs Asset Management has debuted its first actively managed ETF with the launch of the Goldman Sachs Future Planet Equity ETF (GSFP US) on NYSE Arca . Katie Koch, co-Head of Fundamental Equity at Goldman Sachs Asset Management.
The ARK 3D Printing ETF ( PRNT ) is higher by 24% year-to-date, but there could be more in the store for the ARK fund as 3D printing companies increasingly tap into automation. PRNT , the original and still only exchange traded fund focusing on 3D printing equities, is positioned to capitalize on growth in the automated 3D printing arena.
The ARK Fintech Innovation ETF (NYSEARCA: ARKF) is up 7% year-to-date, an admirable performance given the lethargy experienced by growth stocks in the first quarter. While ARKF’s performance lags that of the broader market, the fintech exchange fund could be a second half winner as analysts grow bullish on a number of ARKF’s components.
Cathie Wood -led Ark Investment Management on Friday bought 25,000 shares, estimated to be worth about $250,000, in Jaws Spitfire Acquisition Corp (NYSE: SPFR ), the blank-check firm that is set to take 3D printing company Velo3D public.
As the capital markets await a potential Bitcoin exchange traded fund (ETF), investors can snag indirect exposure to the phenomenon with funds like the Global X FinTech ETF (FINX) . Like precious metal investors who use miners as a backdoor play, getting crypto exposure can be had with companies that focus on blockchain technology
The PHLX SOX Semiconductor Sector Index (SOX) – the most widely observed chip equity benchmark – has a new home among U.S.-listed exchange traded funds. The Invesco Nasdaq Biotechnology ETF (IBBQ) debuts today, providing access to the 30 components in the PHLX SOX Semiconductor Sector Index that serve as the backbones of an array of disruptive technologies.
History confirms that when the economy begins emerging from a recession, cyclical stocks typically outperform during the recovery phase. Not that growth stocks are down this year, but the group is significantly trailing cyclical value fare.
The cyber attack on the Colonial Pipeline is re-emphasizing the need for greater cybersecurity, which should prop up assets like the Global X Cybersecurity ETF ( BUG ).
Strong performances from top cryptocurrencies like Bitcoin and Ethereum are spilling over into companies that focus on digital assets, which should help funds like the VanEck Vectors Digital Transformation ETF ( DAPP ).
Social distancing measures during the pandemic only accelerated growth in the financial technology (fintech) space. As such, the environment is rife for digital payments via the VanEck Vectors Digital Transformation ETF (DAPP) . One of DAPP’s holdings is payment processing company PayPal, which saw posted a monster 2020. “The fintech giant had a record year as the pandemic drove shoppers from stores,” a Time article said. “Instead, they bought groceries, movies and underwear on their phones and computers.
Cybersecurity has long been one of the premier and most durable disruptive growth themes, and it’s not stopping anytime soon. The newly minted WisdomTree Cybersecurity Fund (NASDAQ: WCBR) helps investors access the theme. WCBR, which debuted in January, tracks the WisdomTree Team8 Cybersecurity Index.
Cathie Wood, the founder of ARK Invest, is taking Wall Street by storm with her unconventional thematic investing. Namely, she follows an innovative fund style to find hyper-growth stocks with game-changing technology. Certainly, her unique method is working.
When peeling back the layers of U.S. president Biden’s infrastructure plan, one of the key components is shoring up internet access to all Americans. This facet can help bolster cloud computing services and the Global X Cloud Computing ETF (CLOU) .