iBET ETF Soars On Thursday

The iBET Sports Betting and Gaming ETF (IBET) has been posting some solid growth during the second half of 2022 up +14.18% in the past month and +3.41% in the past six months. This is very positive growth for IBET and it should be noted that the SPDR S&P 500 ETF Trust (SPY) has only returned +0.49% in the past six months. The top five holdings of IBET are, Flutter Entertainment Plc (FLTR) 6.62%, DraftKings, Inc. (DKNG) 5.51%, Evolution AB (EVO) 5.04%, PENN Entertainment, Inc. (PENN) 4.80%, and Churchill Downs Incorporated (CHDN) 4.50%.