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Ibet Sports Betting & Gaming Etf

10.42

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Last Update: 13 Sep 2023 16:30:00

Yesterday: 10.42

Day's Range: 10.42 - 10.42

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iBET Sports Betting & Gaming ETF is an exchange-traded fund that invests in companies involved in the sports betting and gaming industry. The fund was launched by ETFMG in June 2020 and trades on the NYSE Arca under the ticker symbol BETZ.

The ETF seeks to provide exposure to the global sports betting and online gaming industry, which is expected to grow significantly in the coming years. It invests in companies that generate at least 50% of their revenue from sports betting and gaming activities, including casinos, online gaming platforms, and sportsbook operators.

Some of the top holdings in the iBET Sports Betting & Gaming ETF include DraftKings, Flutter Entertainment, Penn National Gaming, and MGM Resorts International. The fund has a total expense ratio of 0.75% and has attracted significant investor interest since its launch.

Investing in the iBET Sports Betting & Gaming ETF offers investors a way to gain exposure to the growing sports betting and gaming industry without having to pick individual stocks. However, as with any investment, there are risks involved, and investors should carefully consider their investment objectives and risk tolerance before investing in the fund.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.

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