These new ETFs are designed to capitalize on the Covid-19 economy:
You knew it was coming. The exchange-traded fund industry immediately jumps on any potentially profitable gimmicky trend to have the first-mover advantage, be it cybersecurity or weed ETFs. The coronavirus is no different except in this case real live human beings are getting infected and dying instead of just our computers and hard drives.
On April 21, ETF distributor Pacer Financial filed a prospectus with the SEC for the Pacer BioThreat ETF, with the delightful ticker symbol VIRS. It will track the BioShares BioThreat... Subscribe or Sign In to continue reading.
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