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Frequently Asked Questions

What is the Amom ETF?

Why It Matters: AMOM, a product of South Korea-based fintech group Qraft, tracks 50 large-cap U.S. stocks and reweighs its holdings each month. The ETF has assets under management of $27.26 million.

Why did this ETF sell-off happen and what caused it?

Why did this happen? There are several reasons. First, in April, the index behind this ETF changed its methodology, which could have led to a sell-off. The changes allow the index to include more companies from a wider number of countries. The number of companies has increased from 30 to almost 80.

What is Tesla’s largest holding in ETF?

What Happened: The ETF said in its monthly portfolio update for December that the Elon Musk-led company is currently its largest holding with a 7.7% weighting. The Tesla stake acquisition comes after the fund booked profits in the company earlier.

What happened to the Elon Musk ETF?

What Happened: The ETF said in its monthly portfolio update for December that the Elon Musk -led company is currently its largest holding with a 7.7% weighting. The Tesla stake acquisition comes after the fund booked profits in the company earlier.

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