ITEQ

Amplify BlueStar Israel Technology ETF

$56.77

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Amplify BlueStar Israel Technology ETF (ITEQ) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the BlueStar Israel Global Technology Index.

Overview

ETF tracking Amplify BlueStar Israel Technology ETF

Category Technology

Issuer Other

Inception Date 2024-01-29

Market Cap $99.4M

Average Volume N/A

Dividend Yield 0.01%

52-Week Range $44.20 - $59.84

VWAP $56.58

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests at least 80% of its total assets in the securities that comprise the index, which is designed to measure the performance of companies in the Israeli technology sector. The index includes Israeli companies and Israeli-linked companies that are publicly traded on the Tel Aviv Stock Exchange, NASDAQ, or NYSE.

✨ Key Features

Provides exposure to the Israeli technology sector, which has a strong history of innovation and growth
Invests in a diversified portfolio of Israeli and Israeli-linked technology companies
Tracks the BlueStar Israel Global Technology Index, which is designed to capture the performance of the Israeli technology industry
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on the Israeli technology sector
Potential for higher volatility compared to broader market indices
Currency risk as the fund may hold securities denominated in Israeli shekels
Liquidity risk due to the relatively small size of the fund and the Israeli equity market

👤 Best For

This ETF may be suitable for investors seeking exposure to the Israeli technology sector as part of a diversified portfolio. It may be of particular interest to investors with a long-term investment horizon and a higher risk tolerance, as the Israeli technology sector can be more volatile than the broader market.