Portfolio

The rush of newbie investors into the brokerage app has sparked controversy over how big its influence is over markets.

“The stocks that I hadn’t heard of three months ago all of a sudden are the most active — that’s not where investors go, that’s where traders might go or hobbyists might go,” says a private wealth advisor at UBS.

All of the funds in the suite carry a 0.18% expense ratio.

The fund from ETFMG Managers Group will track companies focused on testing and treatments of infectious diseases.

The firm, which has nearly tripled in size in the last year, says it continues to seek out acquisition targets.

The fund would provide broad-based exposure to four commodity sectors through futures contracts, according to the filing.

Companies that connect advisors and carriers are seeing a surge in use.

The funds had posted gains over the past decade, but have suffered losses amid this year's coronavirus-driven volatility.

Still, clients continue to invest their assets into the industry’s cheapest funds and are saving billions as a result.

The 30-year industry vet launched a firm on the Dynasty platform citing better technology and “freedom” as reason for the move.