An investment firm is launching an exchange-traded fund designed to allow investors to make a concentrated bet on sports, with holdings including publicly traded sports teams and leagues around the world, broadcasters and apparel companies. ...
[+]The largest holdings in the ETF sponsored by Roundhill Investments, which will trade on New York Stock Exchange under the ticker symbol MVP, will be MSG Sports, the parent company of the New York Knicks and New York Rangers, accounting for 9.4% of the total portfolio, and Formula One Group which along with Atlanta Braves holder Liberty Braves Group , is controlled by Liberty Media.is heavily weighted to soccer, with shares of Manchester United, Juventus, Borussia Dortmund and AS Roma.
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