Fund News Advisors Can Use: Dave Portnoy Promotes New ETF That Follows Social Sentiment
This week in fund news, VanEck's BUZZ goes live with Portnoy's backing; mutual fund-to-ETF conversions are coming; and Avantis hires more DFA execs.
VanEck launched a new exchange traded fund this week that invests in U.S. large-cap stocks with the highest degree of positive social sentiment and bullish investor perception. The new
VanEck Vectors Social Sentiment ETF (BUZZ) tracks the BUZZ NextGen AI US Sentiment Leaders Index, which analyzes interactions across social media platforms, news articles, blog posts and other content from online sources to measure stock-specific sentiment.