Summary
ITEQ Chart
ITEQ: Some Structural Drawbacks, Although Relative Returns Have Been Commendable
The Amplify Bluestar Israel Technology ETF offers exposure to innovative stocks from the economy with the greatest R&D intensity in the world. Israel's economy, with a strong focus on R&D, is a leading hub for innovation, particularly in areas such as AI, cybersecurity, and biotech. Besides ITEQ, investors also have the option of pursuing the ARK Israel Innovative Technology ETF; we proceed to compare these two products.
Amplify BlueStar Israel Technology ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 2,025 | $116,536.73 | $134,682.95 | $18,146.22 | 15.57% |
| SE Sima Elimelech Activest Wealth Management | 381 | $18,416.8 | $25,351.74 | $6,934.94 | 37.66% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 23 | $1,300.26 | $1,530.42 | $230.16 | 17.7% |
| MC mike Chen Byrne Asset Management LLC | 15 | $948.15 | $998.1 | $49.95 | 5.27% |
| AAL Avraham A. Levitan Glass Jacobson Investment Advisors LLC | 455 | $22,019.33 | $29,993.6 | $7,974.27 | 36.21% |
Amplify BlueStar Israel Technology ETF (ITEQ) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Amplify BlueStar Israel Technology ETF ever had a stock split?
Amplify BlueStar Israel Technology ETF Profile
| ARCA Exchange | US Country |
Overview
The company in question appears to be a financial entity, possibly a fund, focused on investing in the burgeoning technology sector in Israel. It operates by tracking the performance of Israeli technology companies that are listed on exchanges, thereby offering investors a gateway to participate in the growth of these companies. According to the description, a significant portion, at least 80%, of the fund's total assets are allocated towards the securities that make up its underlying index. This indicates a strong commitment to its core investment thesis while possibly allocating a smaller portion of its assets to other opportunities or cash holdings to manage liquidity and risk. The mention of the fund being non-diversified suggests that it might take concentrated positions in its holdings compared to diversified funds, potentially leading to higher volatility and risk/reward characteristics.
Products and Services
The primary offering can be summarized as follows:
- Technology Equity Fund
The primary product appears to be an investment fund that focuses on Israeli technology operating companies. This fund is designed for investors who seek exposure to the technology sector within Israel, leveraging the growth and innovation happening within this space. The fund's strategy involves investing predominantly in exchange-listed companies covered by the index it tracks, ensuring a direct correlation with the performance of the Israeli tech market. This offering is particularly notable for its emphasis on Israeli technology companies, distinguishing it from broader tech-focused funds.
- Non-diversified Investment Structure
As a non-diversified fund, this product offers a distinct approach to investment by potentially allowing for larger investments in fewer companies. This strategy can lead to greater exposure to the success or failure of individual holdings. While this approach carries a higher degree of risk due to less diversification, it also opens the possibility for higher returns, especially if a few of the fund's holdings significantly outperform. This characteristic might appeal to investors who are looking for targeted exposure and are comfortable with the associated risk levels.
