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xETFs Lists Samsung Group ETF on Nasdaq Under SMNG Ticker

xETFs Lists Samsung Group ETF on Nasdaq Under SMNG Ticker

Photo: TokenPost

WallStreetX ETFs Inc., which operates as xETFs, launched the xETFs Samsung Group ETF under the ticker SMNG on Oct. 23. The fund was listed on Nasdaq’s Global Market that day. The fund is designed to provide single-ticker exposure to companies across Samsung Group. The fund is actively managed and spans technology, financials, consumer and services, industrials, and life sciences. Its announced initial allocations include 20% each for Samsung Electronics and Samsung Electro-Mechanics, plus 7.5% for Samsung SDI. Those figures are the launch weights announced by xETFs.

Source: TokenPost

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