2024-07-02 12:45:00 ET
Summary
- Nvidia recently reached a new milestone, surpassing $3 trillion in market capitalization.
- There are six ETFs with more than 10% exposure to Nvidia and more than $100 million of AUM: BOTZ, CHAT, SOXX, SMH, FTXL and SOXQ.
- SMH had the highest exposure to Nvidia at 23.35%.
By Christopher Gannatti, CFA
At WisdomTree, we built our “Thematic Universe” in 2021, which is a way to track the myriad ETFs that we believe to be focused on various thematic topics. Having this database gives us an insight into what types of topics and ETFs U.S. investors are buying and selling.
This monthly report is available here .
In 2024, when we look at Nvidia’s results and share price performance, it feels like we are watching history. In March 2024, we were writing about Nvidia hitting $2 trillion in market capitalization and how certain ETFs had an exposure to this stock greater than 10% ....
Read the full article on Seeking Alpha
For further details see:
As Nvidia's Market Cap Went From $2 Trillion To $3 Trillion, What Happened With The ETF Exposures?