UAA - New sports ETF to cover media apparel and teams
Roundhill Investments is launching a broad sports industry ETF aimed at companies that manufacture and/or supply sports equipment or apparel; companies that own and/or operate professional sports venues, athletic fields, athletic facilities, resorts, hotels, lodges, bars and theme parks related to professional sports activities; and sports media and entertainment companies. The Roundhill Pro Sports, Media & Apparel ETF (MVP) will start trading on the New York Stock Exchange next Wednesday. Some of the companies that could be included in the ETF based on the description include Madison Square Garden (MSGN), Madison Square Garden Sports (MSGS), ViacomCBS (VIAC), Gray Television (GTN), Liberty Braves Group (BATRA), Fandom Sports Media Corp. (FDMSF), Manchester United (MANU), World Wrestling Entertainment (WWE), Nike (NKE), Under Armour (UAA), Adidas (ADDYY), Disney (DIS), Callaway Golf (ELY) and Dick's Sporting Goods (DKS). The official list of holdings will be available next week. A side companion to the new sports-related
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New sports ETF to cover media, apparel and teams