New marijuana ETF hits the block amid pot stocks rally

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

By Bansari Mayur Kamdar (Reuters) - Subversive Capital Advisor launched its sixth exchange-traded fund – Subversive Cannabis ETF - on Tuesday, just as ...

By Bansari Mayur Kamdar - Subversive Capital Advisor launched its sixth exchange-traded fund – Subversive Cannabis ETF - on Tuesday, just as recent U.S. moves to ease curbs sparked a rallySaltWire's Atlantic regional weather forecast for September 19, 2023 | SaltWire - Subversive Capital Advisor launched its sixth exchange-traded fund – Subversive Cannabis ETF - on Tuesday, just as recent U.S. moves to ease curbs sparked a rally in pot stocks.

"We do not believe a Congress this politically divided will meaningfully act on cannabis at the federal level," said Christian H. Cooper, the fund's portfolio manager, in a note. Cannabis ETFs such as the AdvisorShares Pure US Cannabis and the smaller Roundhill Cannabis ETF have jumped more than 25% each so far this month.

"However, this is a relatively crowded segment with ETFs from AdvisorShares, Amplify, Global X, Roundhill among others offering products with longer records."

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 45. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

New marijuana ETF hits the block amid pot stocks rallySubversive Capital Advisor launched its sixth exchange-traded fund – Subversive Cannabis ETF - on Tuesday, just as recent U.S. moves to ease curbs sparked a rally in pot stocks. 'We do not believe a Congress this politically divided will meaningfully act on cannabis at the federal level,' said Christian H. Cooper, the fund's portfolio manager, in a note. 'The gains for these thematic ETFs could persist,' said Todd Rosenbluth, head of research at VettaFi.
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Canadian ETF trends: Money market craze continues, investors exit energy funds and a new provider hits marketThe latest exchange-traded funds launches and terminations
Источник: globeandmail - 🏆 5. / 92 Прочитайте больше »