Global X Funds - Global X PropTech ETF (PTEC)
Global X Funds - Global X PropTech ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $39.56, down 0.28% on the session, giving a market capitalisation of $1.9M. Its beta of 1.27 implies it has historically moved more than the broad market.
This fund aims to allocate at least 80% of its total net assets, alongside any capital borrowed for investment purposes, into the holdings that comprise the Global X PropTech Index. Such investments may include ordinary shares, as well as American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) that derive their value from the underlying index constituents. The benchmark index itself was developed and is exclusively owned by Global X Management Company LLC, which serves as both an affiliate of the fund and its investment adviser. It is important to note that this fund operates with a non-diversified investment strategy.
Global X Funds - Global X PropTech ETF is most often compared with the following Financial Services names: