MANU - Bullish call on European soccer in new Roundhill sports ETF

Soccer clubs are well represented in new Roundhill Pro Sports, Media & Apparel ETF (MVP) that launched today. The publicly-traded stocks of companies that own part of all of European soccer teams represent close to 25% of the sports ETF's total holdings. MVP weightings: Manchested United (MANU) 7.58%, Borussia Dortmund (BORUF) 6.09%, Turkey-trade Fenerbache Futbol 3.30%, AS Romas (ASRAF) 2.57%, Turkey-traded Galatasaray Sport 2.12%, Turkey-traded Trabzonspor Sporti 2.05%, Hong Long-traded Birmingham Sports 1.07% and AFC Ajax (AFCJF) 0.25%. The bet on soccer clubs arrives just as the sport laps the one-year anniversary of global shutdowns. "We are no longer in full crisis," states Juventus Chairman Andrea Agnelli. The general sense of industry experts is that European soccer clubs have managed their way through the financial crisis in good form and could end up being leaner just as stadiums refill. Read a detailed breakdown on the Roundhill Pro Sports, Media &

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Bullish call on European soccer in new Roundhill sports ETF