Amplify Bloomberg AI Value Chain ETF

AIVC

Market cap $34.1M

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Index selected as benchmark for new Amplify Bloomberg U.S. Treasury Target High Income ETF (TLTP) NEW YORK , Dec. 10, 2024 /PRNewswire/ -- Bloomberg today announced the launch of the Bloomberg U.S. Treasury 20+ Year 12% Premium Covered Call 2.0 Index. An expansion of Bloomberg Multi-Asset Indices and covered call benchmarks, the new Index aims to replicate a strategy designed to generate reliable income from option premiums, while strategically investing in long-term U.S. bonds in preparation for an anticipated decline in interest rates.

Grayscale adds options trading to the Grayscale Bitcoin Trust ETF (GBTC) after BlackRock saw record interest in its iShares Bitcoin ETF (IBIT) after introducing options trading. Amplify ETFs CEO Christian Magoon joins Wealth!

CHICAGO, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Amplify ETFs announces its newly appointed fund, the Amplify Bloomberg AI Value Chain ETF (NYSE: AIVC). In an equal-weighted index approach, AIVC invests in a global mix of semiconductor, cloud/software and hardware companies that form the foundation of artificial intelligence (AI) technologies through the Bloomberg AI Value Chain Index.

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Digging into the first quarter's earnings season allows us to uncover the winning themes of the period as captured by ETFs.

In its latest report released last December, the Bureau of Economic Analysis (BEA) estimates that the digital economy now represents 10% of the total U.S. GDP, or $2.6 trillion.  The digital economy is also growing at an average annual growth rate of 7.1%.

Cloud computing ETFs hit a 52-week high lately.