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In this episode of ETF Spotlight, I speak with Sam Masucci, founder & CEO of ETF Managers Group. We discuss two very innovative ETFs focused on mobile payments and drone economy.
The ETFMG Prime Mobile Payments ETF (IPAY - Free Report) is the first and only ETF to target the mobile payments industry. It is poised to benefit from the increasing use of smartphones, ecommerce, and the need for hassle free transacting.
The ETFMG Drone Economy Strategy ET is first and only ETF to target the drone ecosystem.
The global drone industry is now worth $127 billion as drones are being used in many industries including defense, insurance, retail and entertainment.
Image: Bigstock
ETFs to Invest in Mobile Payments and Drone Economy
In this episode of ETF Spotlight, I speak with Sam Masucci, founder & CEO of ETF Managers Group. We discuss two very innovative ETFs focused on mobile payments and drone economy.
The ETFMG Prime Mobile Payments ETF (IPAY - Free Report) is the first and only ETF to target the mobile payments industry. It is poised to benefit from the increasing use of smartphones, ecommerce, and the need for hassle free transacting.
IPAY is up more than 30% this year. Global Payments (GPN - Free Report) , Fidelity National (FIS - Free Report) , Fiserv , Mastercard (MA - Free Report) , Visa (V - Free Report) and Square (SQ - Free Report) are among its top holdings.
The ETFMG Drone Economy Strategy ET is first and only ETF to target the drone ecosystem.
The global drone industry is now worth $127 billion as drones are being used in many industries including defense, insurance, retail and entertainment.
AeroVironment (AVAV - Free Report) , Boeing (BA - Free Report) and Ambarella (AMBA) are IFLY’s top holdings.
Tune into the podcast to learn more about these ETFs.
Make sure to be on the lookout for the next edition of ETF Spotlight! If you have any comments or questions, please email podcast@zacks.com.
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