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GENY (Principal Millennial Global Growth ETF) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
This week was a quieter one for the ETF industry, with just five new ETFs debuting on the market. FundX, YieldMax, and JPMorgan were among the firms launching new funds.
As we head toward summer's end, ETF launches remain muted if this week is anything to go by, with only nine new funds debuting, a slight uptick from the week ended July 28. Perhaps most notably, JPMorgan rolled out another two actively managed ETFs on Monday that were converted from mutual funds.
Bed Bath & Beyond stock price soared on Monday on news of GamesStop chairman's stake.
'ZGEN' hopes to capture the companies favored by the latest generation entering adulthood.
Millennials are likely to inherit as much as $68 trillion from their parents, per a CNBC article. Some sectors and investing areas should benefit from such massive inheritance.
They most likely don't remember the days of dial-up internet and flip phones. They're likely to feel more comfortable trading stocks on their phones than in a stockbroker's office.
Two ESG-related ETFs launched this week, and both are heavy on the 'E.'
As was widely expected, the bulk of holiday shopping took place online this year, and when e-commerce companies start delivering fourth-quarter earnings in the first quarter of 2021, the Principal Millennials Index ETF (Nasdaq: GENY) could reward investors in turn. GENY tracks the Nasdaq Global Millennial Opportunity Index.