S&P Dow Jones Indices said on Tuesday afternoon it will be adding GameStop, which trades at a $12.8 billion market cap after its inexplicable 2021 rise, to its S&P MidCap 400 Index. GameStop will be added to the index on August 4th.27 Jul 2021
What ETF has GameStop and AMC?
The $22 million SoFi Social 50 ETF (SFYF), for example, is composed of the top 50 most widely held U.S. listed stocks on the fintech firm's investment platform. The fund has seen AMC and GameStop combined taking over 30% of its portfolio, as of Wednesday's close.3 Jun 2021
GameStop's largest 20 shareholders own an even bigger 20% of the stock, with the $72 billion iShares Core S&P Small-Cap ETF (IJR) alone holding 5% of its total shares.3 Jun 2021
Can I buy ETF from AMC?
Real time NAV: Units of ETF can be bought/ sold with the AMC at real time NAV. On the other hand, investments held in fixed income and gold ETFs for more than three years are charged 20% tax after accounting for inflation through indexation.