First Trust S-Network Streaming & Gaming ETF (BNGE)
First Trust S-Network Streaming & Gaming ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $31.11, down 1.11% on the session, giving a market capitalisation of $4.5M. Its beta of 0.94 implies it has historically moved less than the broad market.
The First Trust S-Network Streaming & Gaming ETF is designed to broadly track the performance of its benchmark, the S-Network Streaming & Gaming Index. Specifically, it aims to deliver investment returns, including both price appreciation and yield, that closely align with the Index's performance before factoring in the ETF's own fees and operational expenses. To achieve this, the Fund primarily employs an indexing strategy, typically allocating a minimum of 80% of its total assets (which may include borrowed funds) into the common stocks and depositary receipts that constitute the underlying Index. The S-Network Global Indexes, Inc., serving as the Index Provider, is responsible for the creation, upkeep, and sponsorship of the S-Network Streaming & Gaming Index. It is important to note that the Index Provider reserves the right to alter the Index's methodology at any time, provided prior written notification is given.
First Trust S-Network Streaming & Gaming ETF is most often compared with the following Financial Services names: