GENY (Principal Millennial Global Growth ETF) is no longer actively trading.
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This fund primarily seeks long-term growth by investing in equity securities, with a strong emphasis on companies exhibiting significant growth potential. Under typical market conditions, at least 40% of its net assets are allocated to stocks from international and developing markets. The portfolio maintains exposure across a broad range of market capitalizations, encompassing small, mid, and large-cap companies. Furthermore, the fund is designed to concentrate a substantial portion of its investments – specifically over 25% of its assets – into one or more industries within both the consumer discretionary sector and the communication services sector.

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.