The Cannabis ETF (THCX) |
| 16.5963 0.058 (0.35%) 02-21 15:56 |
| Open: | 16.64 |
| High: | 16.7416 |
| Low: | 16.53 |
| Volume: | 348,793 |
| Market Cap: | 13(M) |
| PE Ratio: | 0 |
| Exchange: | New York Stock Exchange Arca |
| Industry: | Asset Management |
| Sector: | Financial Services |
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| sell | buy | |||
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| 52w High: | 23.22 |
| 52w Low: | 14.9 |
This Exchange Traded Fund (ETF) concentrates its investments within the cannabis sector. It aims to allocate a minimum of 80% of its total capital to the specific securities that make up its benchmark index. Furthermore, under typical market conditions, at least 80% of its net assets, including any funds borrowed for investment, will be directed into publicly traded common stocks or American Depositary Receipts (ADRs) of companies operating within the cannabis industry. The underlying index is a unique, systematically constructed benchmark designed to measure the performance of a collection of cannabis-centric businesses. It's important to note that this fund is considered non-diversified, meaning it can hold a more concentrated portfolio.
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