Welcome to our dedicated page for Roundhill Video Games ETF news (Ticker: NERD), a resource for investors and traders seeking the latest updates and insights on Roundhill Video Games ETF stock.
Roundhill Video Games ETF (Ticker: NERD) is an exchange-traded fund (ETF) managed by Roundhill Investments, a prominent investment adviser known for innovative financial products. NERD is designed to provide exposure to the global video game industry, encompassing game developers, console and accessory producers, and eSports organizations. As of November 27, 2023, NERD has been transferred from NYSE Arca to Nasdaq, as announced by Roundhill Investments. This change does not require any action by shareholders and is not expected to impact the trading of the fund's shares.
Core Business: NERD focuses on investing in companies within the video game sector. This includes large-cap and mid-cap companies that are leading the way in game development, hardware production, and eSports. The fund's objective is to provide investors with a diversified portfolio that captures the growth and innovation within the video game industry.
Financial Condition and Achievements: The ETF has shown resilience and growth by adapting its listing to Nasdaq, aiming to leverage the enhanced liquidity and market visibility that Nasdaq offers. Investors are encouraged to review the prospectus and summary prospectus available on Roundhill's website to understand the risks, charges, and expenses before investing. NERD is particularly attractive to investors looking to capitalize on trends within the gaming industry, which has seen significant growth and innovation.
Current Projects and Partnerships: Roundhill Investments continuously works on enhancing the ETF's portfolio by identifying and investing in high-potential gaming companies. The ETF's transfer to Nasdaq is part of its strategic efforts to optimize performance and market access. Roundhill's partnership with Nasdaq ensures that NERD is benchmarked against the Nasdaq CTA Global Video Games Software Index™, providing exposure to a broad range of companies within the gaming industry.
Risk Factors: Investing in NERD involves risks typical of the video game industry, including intense competition, rapid product obsolescence, and dependency on intellectual property rights. The ETF also involves risks associated with foreign investments and small to mid-cap companies, which can be more volatile and less liquid. Potential investors are advised to read the prospectus carefully and understand the associated risks.
For more detailed information, please visit the official NERD ETF page on Roundhill Investments' website.
Roundhill Investments announces significant updates to its NERD ETF, which is now named the Roundhill Video Games ETF. Effective September 26, 2022, the ETF adopts the Nasdaq CTA Global Video Games Software Index™ (PLAYR2™), enhancing its focus on pure-play gaming software. Research predicts global gaming revenues to reach $219 billion by 2024, with mobile gaming leading at $103.5 billion. The ETF’s top holdings include Nintendo (18.3%), Electronic Arts (10.6%), and Roblox (6.6%). This transition aims to capitalize on the fast-growing gaming sector, while excluding companies from China and Russia to mitigate geopolitical risks.
Roundhill Investments announced significant changes to the Roundhill BITKRAFT Esports & Digital Entertainment ETF (NERD ETF), effective September 23, 2022. The ETF will be renamed the Roundhill Video Games ETF and will switch its underlying index to the Nasdaq CTA Global Video Games Software Index™, focusing on video game publishing and development companies. This transition aims to provide targeted exposure to the growing video game market, projected to reach $219 billion by 2024. Shareholders will not need to take any action.
Roundhill Investments has surpassed $500 million in assets under management within two years of its launch. This achievement highlights the firm's focus on reaching a broad base of investors rather than just larger ones. Co-founder Tim Maloney attributes this success to building a community of often underserved investors. The firm is set to launch the Roundhill Streaming Services & Technology ETF (NYSE: SUBZ), the first ETF dedicated to the streaming sector.
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