Ra-hee received 83 million shares in Samsung Electronics in inheritance. It makes her the largest shareholder in the group with a total share of 2.3 percent.
The Globe and Mail Gillian Livingston Published April 13, 2021 Bookmark
At the start of the pandemic, ETF providers launched work-from-home and streaming-service funds to capitalize on changes to how we live. Now, providers are putting forward funds based on what life could look like after the pandemic, including the return of travel and live sporting events.
Other new ETFs play on positive social media-generated market buzz and increased investor attention in areas such as clean energy, space exploration and bitcoin.
Both the recently launched Roundhill MVP ETF (MVP-A) – an U.S. ETF that invests in sports franchises, sporting-goods companies and facilities – and Canada’s Harvest Travel and Leisure Index ETF (TRVL-T) – which invests in large-cap travel companies – are a play on the post-pandemic recovery, says Daniel Straus, vice-president of ETFs and financial products research at National Bank Financial.
By Coulter Regal, CFA, Associate Product Manager
When people first hear about an investment strategy that targets stocks with the most positive sentiment based on social media chatter and online discussions, they may be quick to assume that it is full of nothing but the latest growth or momentum stocks. However, a closer look at the strategy and holdings paints a different picture.
A Unique Blend of Styles and Stocks
Looking at the top holdings of
VanEck Vectors Social Sentiment ETF (BUZZ), you might see some of the expected names like Tesla, Apple, or Amazon, however, you can also find some rather unexpected names like Ford Motor, Boeing, or Walt Disney as well. This unique selection of stocks is created as a by-product of the online discussions people are having about a wide range of investments. Whether growth or value focused, momentum driven or contrarian, short-term or long-term, investors can be bullish on particular stocks belonging to any of these factors. Combine the
BUZZ tracks the 5-year-old Buzz NextGen AI US Sentiment Leaders Index and rebalances once a month. The ETF is up nearly 5% since its March 2 debut.
Though names such as Amazon, Apple, Advanced Micro Devices and Tesla are among its top holdings, BUZZ isn t all high-flying growth stocks or tech stocks, Wise told CNBC s ETF Edge on Monday.
Ford, American Airlines and Novavax have been some of the index s top performers, and the latest monthly rebalancing brought even more value into the mix, he said.
Names like Costco, Target, Occidental Petroleum, Norwegian Cruise Lines and United Airlines are now in the index. Wise called it a shift more towards those industrial and value names, away from some of the higher-growth tech names.