Amazon and the ETF World

Share post:

In recent days Amazon stock has dropped greatly and YTD the stock is down nearly 25%. Currently 236 ETFs hold Amazon. The funds with the largest exposure to Amazon are.
VCR Vanguard Consumer Discretionary ETF 22.28%
XLY Consumer Discretionary Select Sector SPDR Fund 21.98%
ONLN ProShares Online Retail ETF 21.77%
FDIS Fidelity MSCI Consumer Discretionary Index ETF 21.17%
RTH VanEck Retail ETF 19.97%

ETF Newz Says:

The guidance on Amazon was not great and the moat they had with AWS, is starting to shrink with the growth of Google and Microsoft cloud services.


Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

Tim Draper’s Bold Prediction: Bitcoin (BTC) Price Set to Skyrocket to $250K!

In the world of finance, Bitcoin is increasingly recognized as a transformative force. With the potential to challenge...

Bitcoin ETF: Navigating the Perils of SEC Rejection and Fierce Opposition from Funds

A recent court order has directed the Securities and Exchange Commission (SEC) to reconsider its denial of Grayscale's...

Nike’s Shocking 10% Plunge: Sales Outlook Slashed

Nike, a leading athletic apparel⁢ company, ⁣recently announced plans to reduce costs by $2 ‍billion over the next...