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SK Hynix's US listing sparks rush of single-stock ETF filings

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SK Hynix's US listing sparks rush of single-stock ETF filings

At least 10 fund managers, including Direxion and ProShares, have filed registrations for single-stock ETFs tracking SK Hynix to launch as the stock begins trading in the U.S. The filings suggest incremental demand/attention around SK Hynix, but no near-term earnings or guidance numbers were cited.

Analysis

At least 10 fund managers, including Direxion and ProShares, have filed registrations for single-stock ETFs tracking SK Hynix to launch as the stock begins trading in the U.S. The filings suggest incremental demand/attention around SK Hynix, but no near-term earnings or guidance numbers were cited.

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