GameStop Stock Rally Passes by Some Previous Winners

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GameStop Stock Rally Passes by Some Previous Winners

The Wall Street Journal2021-08-31

A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away. Many exchange-traded funds that scored big on the meme-stock craze earlier this year ...

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LST3
·2021-09-01
Ok
Reply
2
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Daveb
·2021-08-31
Lol, isnt it great that they wont give up trying to take away our interest in GME snd AMC ... it simply confirms that Apes DD and theimpending moass are right on target. It is not to late to become involved in what will 100% and defenitly, be the greatest redistribution of wealth in our life time. ??✊???
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3
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- Daveb:
  ???✊?
  2021-09-01
  Reply
  Report
- JasonChang:
  Hodl
  2021-09-01
  Reply
  Report
Zx1008
·2021-08-31
?????
Reply
2
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Desmond669
·2021-08-31
Ok
Reply
1
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LennartM
·2021-08-31
like n comment please
Reply
1
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Fold Replies
- Desmond669:
  Yes
  2021-08-31
  Reply
  Report
- Ivanyzs:
  Ok
  2021-08-31
  Reply
  Report
Twopackets
·2021-08-31
Good knowledge
Reply
1
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- Gbear9:
  Yes
  2021-08-31
  Reply
  Report
Lalalanana
·2021-08-31
Ok
Reply
5
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Fold Replies
- Lalalanana:
  Ok
  2021-08-31
  Reply
  Report
- TriciaChang:
  L
  2021-08-31
  Reply
  Report
jack_paing
·2021-08-31
like
Reply
8
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theDogeDad
·2021-08-31
doesn't this highlight the benefits of being a retail trader? we have the freedom and flexibility
Reply
6
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- 黄毛:
  零售就是灵活，也不需要有那么大的库存压力~何况现在平台那么多，机会也很多
  2021-08-31
  Reply
  Report
- DragonKC:
  Good
  2021-08-31
  Reply
  Report
Kseries21
·2021-08-31
Tell me your opinion about this news...
Reply
6
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- Kseries21:
  Ok
  2021-08-31
  Reply
  Report
Dindindino
·2021-08-31
Like ple
Reply
7
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Xxxtaengxx
·2021-08-31
Ok
Reply
5
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Fold Replies
- Xxxtaengxx:
  Okok
  2021-08-31
  Reply
  Report
许哲东
·2021-08-31
Like AMC than GameStop..
Reply
4
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- Jjjjia:
  Liked
  2021-08-31
  Reply
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Jjjjia
·2021-08-31
Like pls
Reply
4
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viny
·2021-08-31
like pls
Reply
1
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Bob87
·2021-08-31
Is this even news? Why would any etf gamble long term in a meme stock
Reply
5
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YBinvest
·2021-08-31
Gamestop rally
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- MKHODL:
  [Happy]
  2021-08-31
  Reply
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Benstonk
·2021-08-31
Meme ftw
Reply
5
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SanWangtikup
·2021-08-31
?
Reply
6
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Nibatry
·2021-08-31
Oh no
Reply
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- Nibatry:
  Hahaha yes
  2021-08-31
  Reply
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- liz5828:
  oh no oh nononono
  2021-08-31
  Reply
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- TK63:
  oh
  2021-08-31
  Reply
  Report

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Rally Passes by Some Previous Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GME","symbol_name":"游戏驿站","start_time":0,"source_url":"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4","article_id":"1143612003","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1143612003","pubTimestamp":1630367966,"columns":[],"sourceInfo":null,"weMediaInfo":null,"summary":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since","collect":0,"end_time":0,"defaultTopTitle":"wsj.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GME":"游戏驿站"},"translate_title":"游戏驿站股市涨势与一些前胜利者擦肩而过","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GME":0.9},"content_text":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.\nState Street’sSPDR S&P Retail ETFhad roughly one-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, GameStop shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.\nThe results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.\n“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.\nState Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut, Amazon.com Inc.\nA big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.\nGameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.\nWhen the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.\nPerformance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.\nThe ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.\nA videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.\nInvesco’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.\nThe decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.\n“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":818703329,"gmtCreate":1630445638661,"gmtModify":1676530302941,"author":{"id":"3576578158811365","authorId":"3576578158811365","name":"LST3","avatar":"https://static.tigerbbs.com/5ebefe56c7d81742050e1a8d5a94ef9a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3576578158811365","authorIdStr":"3576578158811365"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818703329","repostId":1143612003,"repostType":4,"repost":{"id":"1143612003","kind":"news","pubTimestamp":1630367966,"share":"https://ttm.financial/m/news/1143612003?lang=&edition=fundamental","pubTime":"2021-08-31 07:59","market":"us","language":"en","title":"GameStop Stock Rally Passes by Some Previous Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612003","media":"The Wall Street Journal","summary":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since","content":"<blockquote>\n <b>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.</b>\n</blockquote>\n<p>Many exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.</p>\n<p><a href=\"https://laohu8.com/S/STT\">State</a> Street’sSPDR S&amp;P Retail ETFhad roughly <a href=\"https://laohu8.com/S/AONE.U\">one</a>-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, <a href=\"https://laohu8.com/S/GME\">GameStop</a> shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.</p>\n<p>The results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.</p>\n<p>“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.</p>\n<p>State Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>&nbsp;Inc.</p>\n<p>A big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.</p>\n<p>GameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.</p>\n<p>When the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.</p>\n<p>Performance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.</p>\n<p>The ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.</p>\n<p>A videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.</p>\n<p><a href=\"https://laohu8.com/S/IVZ\">Invesco</a>’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.</p>\n<p>The decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.</p>\n<p>“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Rally Passes by Some Previous Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Rally Passes by Some Previous Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612003","content_text":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.\nState Street’sSPDR S&P Retail ETFhad roughly one-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, GameStop shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.\nThe results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.\n“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.\nState Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut, Amazon.com Inc.\nA big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.\nGameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.\nWhen the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.\nPerformance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.\nThe ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.\nA videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.\nInvesco’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.\nThe decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.\n“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":818201938,"gmtCreate":1630409180224,"gmtModify":1676530295081,"author":{"id":"3575141057639271","authorId":"3575141057639271","name":"Daveb","avatar":"https://static.tigerbbs.com/61df162e1597f1b5a6a6bfb13d7d92f5","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3575141057639271","authorIdStr":"3575141057639271"},"htmlText":"Lol, isnt it great that they wont give up trying to take away our interest in GME snd AMC ... it simply confirms that Apes DD&nbsp;and theimpending moass are right on target. It is not to late to become involved in what will 100% and defenitly, be the greatest redistribution of wealth in our life time. ??✊???","listText":"Lol, isnt it great that they wont give up trying to take away our interest in GME snd AMC ... it simply confirms that Apes DD&nbsp;and theimpending moass are right on target. It is not to late to become involved in what will 100% and defenitly, be the greatest redistribution of wealth in our life time. ??✊???","text":"Lol, isnt it great that they wont give up trying to take away our interest in GME snd AMC ... it simply confirms that Apes DD and theimpending moass are right on target. It is not to late to become involved in what will 100% and defenitly, be the greatest redistribution of wealth in our life time. ??✊???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/818201938","repostId":1143612003,"repostType":4,"repost":{"id":"1143612003","kind":"news","pubTimestamp":1630367966,"share":"https://ttm.financial/m/news/1143612003?lang=&edition=fundamental","pubTime":"2021-08-31 07:59","market":"us","language":"en","title":"GameStop Stock Rally Passes by Some Previous Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612003","media":"The Wall Street Journal","summary":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since","content":"<blockquote>\n <b>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.</b>\n</blockquote>\n<p>Many exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.</p>\n<p><a href=\"https://laohu8.com/S/STT\">State</a> Street’sSPDR S&amp;P Retail ETFhad roughly <a href=\"https://laohu8.com/S/AONE.U\">one</a>-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, <a href=\"https://laohu8.com/S/GME\">GameStop</a> shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.</p>\n<p>The results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.</p>\n<p>“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.</p>\n<p>State Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>&nbsp;Inc.</p>\n<p>A big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.</p>\n<p>GameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.</p>\n<p>When the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.</p>\n<p>Performance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.</p>\n<p>The ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.</p>\n<p>A videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.</p>\n<p><a href=\"https://laohu8.com/S/IVZ\">Invesco</a>’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.</p>\n<p>The decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.</p>\n<p>“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Rally Passes by Some Previous Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Rally Passes by Some Previous Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612003","content_text":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.\nState Street’sSPDR S&P Retail ETFhad roughly one-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, GameStop shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.\nThe results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.\n“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.\nState Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut, Amazon.com Inc.\nA big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.\nGameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.\nWhen the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.\nPerformance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.\nThe ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.\nA videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.\nInvesco’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.\nThe decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.\n“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5716140,"gmtCreate":1630484536413,"gmtModify":1663233218930,"authorId":3575141057639271,"author":{"id":3575141057639271,"idStr":"3575141057639271","authorId":3575141057639271,"name":"Daveb","avatar":"https://static.tigerbbs.com/61df162e1597f1b5a6a6bfb13d7d92f5","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818201938,"type":1,"supId":5713238,"prevId":0,"content":"???✊?","text":"???✊?","html":"???✊?"},{"id":5713238,"gmtCreate":1630463150754,"gmtModify":1663233208042,"authorId":3577198376590284,"author":{"id":3577198376590284,"idStr":"3577198376590284","authorId":3577198376590284,"name":"JasonChang","avatar":"https://static.tigerbbs.com/739faf02f16c64fb9a9f48fee98b5cd2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818201938,"type":1,"supId":0,"prevId":0,"content":"Hodl","text":"Hodl","html":"Hodl"}],"langContent":"EN"},{"id":818646512,"gmtCreate":1630407481736,"gmtModify":1676530294382,"author":{"id":"3581823706139517","authorId":"3581823706139517","name":"Zx1008","avatar":"https://static.tigerbbs.com/fdb3cce08a739e317d4fb462983c1cee","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3581823706139517","authorIdStr":"3581823706139517"},"htmlText":"?????","listText":"?????","text":"?????","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818646512","repostId":1143612003,"repostType":4,"repost":{"id":"1143612003","kind":"news","pubTimestamp":1630367966,"share":"https://ttm.financial/m/news/1143612003?lang=&edition=fundamental","pubTime":"2021-08-31 07:59","market":"us","language":"en","title":"GameStop Stock Rally Passes by Some Previous Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612003","media":"The Wall Street Journal","summary":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since","content":"<blockquote>\n <b>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.</b>\n</blockquote>\n<p>Many exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.</p>\n<p><a href=\"https://laohu8.com/S/STT\">State</a> Street’sSPDR S&amp;P Retail ETFhad roughly <a href=\"https://laohu8.com/S/AONE.U\">one</a>-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, <a href=\"https://laohu8.com/S/GME\">GameStop</a> shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.</p>\n<p>The results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.</p>\n<p>“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.</p>\n<p>State Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>&nbsp;Inc.</p>\n<p>A big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.</p>\n<p>GameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.</p>\n<p>When the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.</p>\n<p>Performance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.</p>\n<p>The ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.</p>\n<p>A videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.</p>\n<p><a href=\"https://laohu8.com/S/IVZ\">Invesco</a>’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.</p>\n<p>The decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.</p>\n<p>“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Rally Passes by Some Previous Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Rally Passes by Some Previous Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612003","content_text":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.\nState Street’sSPDR S&P Retail ETFhad roughly one-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, GameStop shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.\nThe results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.\n“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.\nState Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut, Amazon.com Inc.\nA big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.\nGameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.\nWhen the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.\nPerformance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.\nThe ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.\nA videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.\nInvesco’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.\nThe decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.\n“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":818858779,"gmtCreate":1630398015691,"gmtModify":1676530291277,"author":{"id":"3562118563279867","authorId":"3562118563279867","name":"Desmond669","avatar":"https://static.tigerbbs.com/e2484115c94d3471cb46f20ea7598b4a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3562118563279867","authorIdStr":"3562118563279867"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818858779","repostId":1143612003,"repostType":4,"repost":{"id":"1143612003","kind":"news","pubTimestamp":1630367966,"share":"https://ttm.financial/m/news/1143612003?lang=&edition=fundamental","pubTime":"2021-08-31 07:59","market":"us","language":"en","title":"GameStop Stock Rally Passes by Some Previous Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612003","media":"The Wall Street Journal","summary":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since","content":"<blockquote>\n <b>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.</b>\n</blockquote>\n<p>Many exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.</p>\n<p><a href=\"https://laohu8.com/S/STT\">State</a> Street’sSPDR S&amp;P Retail ETFhad roughly <a href=\"https://laohu8.com/S/AONE.U\">one</a>-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, <a href=\"https://laohu8.com/S/GME\">GameStop</a> shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.</p>\n<p>The results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.</p>\n<p>“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.</p>\n<p>State Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>&nbsp;Inc.</p>\n<p>A big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.</p>\n<p>GameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.</p>\n<p>When the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.</p>\n<p>Performance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.</p>\n<p>The ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.</p>\n<p>A videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.</p>\n<p><a href=\"https://laohu8.com/S/IVZ\">Invesco</a>’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.</p>\n<p>The decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.</p>\n<p>“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Rally Passes by Some Previous Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Rally Passes by Some Previous Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612003","content_text":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.\nState Street’sSPDR S&P Retail ETFhad roughly one-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, GameStop shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.\nThe results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.\n“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.\nState Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut, Amazon.com Inc.\nA big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.\nGameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.\nWhen the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.\nPerformance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.\nThe ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.\nA videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.\nInvesco’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.\nThe decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.\n“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":818178288,"gmtCreate":1630390022444,"gmtModify":1676530289067,"author":{"id":"3576017931077934","authorId":"3576017931077934","name":"LennartM","avatar":"https://static.tigerbbs.com/2b888cf8f0c645e538df3ec026d3db37","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3576017931077934","authorIdStr":"3576017931077934"},"htmlText":"like n comment please","listText":"like n comment please","text":"like n comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/818178288","repostId":1143612003,"repostType":4,"repost":{"id":"1143612003","kind":"news","pubTimestamp":1630367966,"share":"https://ttm.financial/m/news/1143612003?lang=&edition=fundamental","pubTime":"2021-08-31 07:59","market":"us","language":"en","title":"GameStop Stock Rally Passes by Some Previous Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612003","media":"The Wall Street Journal","summary":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since","content":"<blockquote>\n <b>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.</b>\n</blockquote>\n<p>Many exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.</p>\n<p><a href=\"https://laohu8.com/S/STT\">State</a> Street’sSPDR S&amp;P Retail ETFhad roughly <a href=\"https://laohu8.com/S/AONE.U\">one</a>-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, <a href=\"https://laohu8.com/S/GME\">GameStop</a> shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.</p>\n<p>The results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.</p>\n<p>“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.</p>\n<p>State Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>&nbsp;Inc.</p>\n<p>A big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.</p>\n<p>GameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.</p>\n<p>When the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.</p>\n<p>Performance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.</p>\n<p>The ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.</p>\n<p>A videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.</p>\n<p><a href=\"https://laohu8.com/S/IVZ\">Invesco</a>’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.</p>\n<p>The decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.</p>\n<p>“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Rally Passes by Some Previous Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Rally Passes by Some Previous Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612003","content_text":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.\nState Street’sSPDR S&P Retail ETFhad roughly one-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, GameStop shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.\nThe results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.\n“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.\nState Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut, Amazon.com Inc.\nA big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.\nGameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.\nWhen the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.\nPerformance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.\nThe ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.\nA videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.\nInvesco’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.\nThe decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.\n“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5704247,"gmtCreate":1630398011208,"gmtModify":1663233162744,"authorId":3562118563279867,"author":{"id":3562118563279867,"idStr":"3562118563279867","authorId":3562118563279867,"name":"Desmond669","avatar":"https://static.tigerbbs.com/e2484115c94d3471cb46f20ea7598b4a","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.05.31","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818178288,"type":1,"supId":0,"prevId":0,"content":"Yes","text":"Yes","html":"Yes"},{"id":5703719,"gmtCreate":1630392859152,"gmtModify":1663233161043,"authorId":3576451407059617,"author":{"id":3576451407059617,"idStr":"3576451407059617","authorId":3576451407059617,"name":"Ivanyzs","avatar":"https://static.tigerbbs.com/edf58e9ecc0f595b0bdf8d2628fc67f7","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.95%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818178288,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":818363154,"gmtCreate":1630376728778,"gmtModify":1676530285156,"author":{"id":"3573355256952834","authorId":"3573355256952834","name":"Twopackets","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573355256952834","authorIdStr":"3573355256952834"},"htmlText":"Good knowledge","listText":"Good knowledge","text":"Good knowledge","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/818363154","repostId":1143612003,"repostType":2,"repost":{"id":"1143612003","kind":"news","pubTimestamp":1630367966,"share":"https://ttm.financial/m/news/1143612003?lang=&edition=fundamental","pubTime":"2021-08-31 07:59","market":"us","language":"en","title":"GameStop Stock Rally Passes by Some Previous Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612003","media":"The Wall Street Journal","summary":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since","content":"<blockquote>\n <b>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.</b>\n</blockquote>\n<p>Many exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.</p>\n<p><a href=\"https://laohu8.com/S/STT\">State</a> Street’sSPDR S&amp;P Retail ETFhad roughly <a href=\"https://laohu8.com/S/AONE.U\">one</a>-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, <a href=\"https://laohu8.com/S/GME\">GameStop</a> shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.</p>\n<p>The results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.</p>\n<p>“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.</p>\n<p>State Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>&nbsp;Inc.</p>\n<p>A big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.</p>\n<p>GameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.</p>\n<p>When the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.</p>\n<p>Performance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.</p>\n<p>The ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.</p>\n<p>A videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.</p>\n<p><a href=\"https://laohu8.com/S/IVZ\">Invesco</a>’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.</p>\n<p>The decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.</p>\n<p>“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Rally Passes by Some Previous Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Rally Passes by Some Previous Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612003","content_text":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.\nState Street’sSPDR S&P Retail ETFhad roughly one-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, GameStop shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.\nThe results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.\n“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.\nState Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut, Amazon.com Inc.\nA big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.\nGameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.\nWhen the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.\nPerformance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.\nThe ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.\nA videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.\nInvesco’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.\nThe decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.\n“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5703866,"gmtCreate":1630394436378,"gmtModify":1663233159967,"authorId":3575200938037175,"author":{"id":3575200938037175,"idStr":"3575200938037175","authorId":3575200938037175,"name":"Gbear9","avatar":"https://static.tigerbbs.com/f37f466c62b28f228a9b0c81f2691754","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818363154,"type":1,"supId":0,"prevId":0,"content":"Yes","text":"Yes","html":"Yes"}],"langContent":"EN"},{"id":818955071,"gmtCreate":1630372470493,"gmtModify":1676530283326,"author":{"id":"3575357409343512","authorId":"3575357409343512","name":"Lalalanana","avatar":"https://static.tigerbbs.com/1dc07195419b4d0af32837fd05440883","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575357409343512","authorIdStr":"3575357409343512"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/818955071","repostId":1143612003,"repostType":4,"repost":{"id":"1143612003","kind":"news","pubTimestamp":1630367966,"share":"https://ttm.financial/m/news/1143612003?lang=&edition=fundamental","pubTime":"2021-08-31 07:59","market":"us","language":"en","title":"GameStop Stock Rally Passes by Some Previous Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612003","media":"The Wall Street Journal","summary":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since","content":"<blockquote>\n <b>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.</b>\n</blockquote>\n<p>Many exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.</p>\n<p><a href=\"https://laohu8.com/S/STT\">State</a> Street’sSPDR S&amp;P Retail ETFhad roughly <a href=\"https://laohu8.com/S/AONE.U\">one</a>-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, <a href=\"https://laohu8.com/S/GME\">GameStop</a> shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.</p>\n<p>The results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.</p>\n<p>“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.</p>\n<p>State Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>&nbsp;Inc.</p>\n<p>A big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.</p>\n<p>GameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.</p>\n<p>When the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.</p>\n<p>Performance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.</p>\n<p>The ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.</p>\n<p>A videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.</p>\n<p><a href=\"https://laohu8.com/S/IVZ\">Invesco</a>’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.</p>\n<p>The decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.</p>\n<p>“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Rally Passes by Some Previous Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Rally Passes by Some Previous Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612003","content_text":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.\nState Street’sSPDR S&P Retail ETFhad roughly one-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, GameStop shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.\nThe results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.\n“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.\nState Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut, Amazon.com Inc.\nA big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.\nGameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.\nWhen the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.\nPerformance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.\nThe ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.\nA videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.\nInvesco’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.\nThe decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.\n“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5700537,"gmtCreate":1630372476813,"gmtModify":1663233145949,"authorId":3575357409343512,"author":{"id":3575357409343512,"idStr":"3575357409343512","authorId":3575357409343512,"name":"Lalalanana","avatar":"https://static.tigerbbs.com/1dc07195419b4d0af32837fd05440883","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818955071,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":5701780,"gmtCreate":1630378182906,"gmtModify":1631896219040,"authorId":3560421500323385,"author":{"id":3560421500323385,"idStr":"3560421500323385","authorId":3560421500323385,"name":"TriciaChang","avatar":"https://static.tigerbbs.com/5cb6619edb253a8bb8b2776c7d9b0e02","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818955071,"type":1,"supId":0,"prevId":0,"content":"L","text":"L","html":"L"}],"langContent":"EN"},{"id":818986872,"gmtCreate":1630370766496,"gmtModify":1676530282556,"author":{"id":"3581833173571708","authorId":"3581833173571708","name":"jack_paing","avatar":"https://static.tigerbbs.com/3eb267d3238b5dcb9bfb6ceb846015c7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581833173571708","authorIdStr":"3581833173571708"},"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818986872","repostId":1143612003,"repostType":4,"repost":{"id":"1143612003","kind":"news","pubTimestamp":1630367966,"share":"https://ttm.financial/m/news/1143612003?lang=&edition=fundamental","pubTime":"2021-08-31 07:59","market":"us","language":"en","title":"GameStop Stock Rally Passes by Some Previous Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612003","media":"The Wall Street Journal","summary":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since","content":"<blockquote>\n <b>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.</b>\n</blockquote>\n<p>Many exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.</p>\n<p><a href=\"https://laohu8.com/S/STT\">State</a> Street’sSPDR S&amp;P Retail ETFhad roughly <a href=\"https://laohu8.com/S/AONE.U\">one</a>-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, <a href=\"https://laohu8.com/S/GME\">GameStop</a> shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.</p>\n<p>The results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.</p>\n<p>“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.</p>\n<p>State Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>&nbsp;Inc.</p>\n<p>A big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.</p>\n<p>GameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.</p>\n<p>When the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.</p>\n<p>Performance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.</p>\n<p>The ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.</p>\n<p>A videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.</p>\n<p><a href=\"https://laohu8.com/S/IVZ\">Invesco</a>’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.</p>\n<p>The decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.</p>\n<p>“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Rally Passes by Some Previous Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Rally Passes by Some Previous Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612003","content_text":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.\nState Street’sSPDR S&P Retail ETFhad roughly one-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, GameStop shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.\nThe results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.\n“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.\nState Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut, Amazon.com Inc.\nA big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.\nGameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.\nWhen the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.\nPerformance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.\nThe ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.\nA videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.\nInvesco’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.\nThe decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.\n“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":818986025,"gmtCreate":1630370752767,"gmtModify":1676530282556,"author":{"id":"3579729617554893","authorId":"3579729617554893","name":"theDogeDad","avatar":"https://static.tigerbbs.com/599ed86149db1f4729fb09a612c43a99","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579729617554893","authorIdStr":"3579729617554893"},"htmlText":"doesn't this highlight the benefits of being a retail trader? we have the freedom and flexibility","listText":"doesn't this highlight the benefits of being a retail trader? we have the freedom and flexibility","text":"doesn't this highlight the benefits of being a retail trader? we have the freedom and flexibility","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/818986025","repostId":1143612003,"repostType":4,"repost":{"id":"1143612003","kind":"news","pubTimestamp":1630367966,"share":"https://ttm.financial/m/news/1143612003?lang=&edition=fundamental","pubTime":"2021-08-31 07:59","market":"us","language":"en","title":"GameStop Stock Rally Passes by Some Previous Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612003","media":"The Wall Street Journal","summary":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since","content":"<blockquote>\n <b>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.</b>\n</blockquote>\n<p>Many exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.</p>\n<p><a href=\"https://laohu8.com/S/STT\">State</a> Street’sSPDR S&amp;P Retail ETFhad roughly <a href=\"https://laohu8.com/S/AONE.U\">one</a>-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, <a href=\"https://laohu8.com/S/GME\">GameStop</a> shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.</p>\n<p>The results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.</p>\n<p>“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.</p>\n<p>State Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>&nbsp;Inc.</p>\n<p>A big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.</p>\n<p>GameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.</p>\n<p>When the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.</p>\n<p>Performance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.</p>\n<p>The ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.</p>\n<p>A videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.</p>\n<p><a href=\"https://laohu8.com/S/IVZ\">Invesco</a>’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.</p>\n<p>The decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.</p>\n<p>“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Rally Passes by Some Previous Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Rally Passes by Some Previous Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612003","content_text":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.\nState Street’sSPDR S&P Retail ETFhad roughly one-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, GameStop shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.\nThe results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.\n“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.\nState Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut, Amazon.com Inc.\nA big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.\nGameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.\nWhen the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.\nPerformance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.\nThe ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.\nA videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.\nInvesco’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.\nThe decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.\n“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5704606,"gmtCreate":1630400508740,"gmtModify":1663233168528,"authorId":3479274764464497,"author":{"id":3479274764464497,"idStr":"3479274764464497","authorId":3479274764464497,"name":"黄毛","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818986025,"type":1,"supId":0,"prevId":0,"content":"零售就是灵活，也不需要有那么大的库存压力~何况现在平台那么多，机会也很多","text":"零售就是灵活，也不需要有那么大的库存压力~何况现在平台那么多，机会也很多","html":"零售就是灵活，也不需要有那么大的库存压力~何况现在平台那么多，机会也很多"},{"id":5701808,"gmtCreate":1630378319058,"gmtModify":1663233153425,"authorId":3577178099298017,"author":{"id":3577178099298017,"idStr":"3577178099298017","authorId":3577178099298017,"name":"DragonKC","avatar":"https://static.tigerbbs.com/f90c63c67a4e5f91e9dc0159f5b853ab","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818986025,"type":1,"supId":0,"prevId":0,"content":"<u>Good</u>","text":"<u>Good</u>","html":"<u>Good</u>"}],"langContent":"EN"},{"id":818938201,"gmtCreate":1630369824703,"gmtModify":1676530281911,"author":{"id":"3577784809409079","authorId":"3577784809409079","name":"Kseries21","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3577784809409079","authorIdStr":"3577784809409079"},"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/818938201","repostId":1143612003,"repostType":4,"repost":{"id":"1143612003","kind":"news","pubTimestamp":1630367966,"share":"https://ttm.financial/m/news/1143612003?lang=&edition=fundamental","pubTime":"2021-08-31 07:59","market":"us","language":"en","title":"GameStop Stock Rally Passes by Some Previous Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612003","media":"The Wall Street Journal","summary":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since","content":"<blockquote>\n <b>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.</b>\n</blockquote>\n<p>Many exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.</p>\n<p><a href=\"https://laohu8.com/S/STT\">State</a> Street’sSPDR S&amp;P Retail ETFhad roughly <a href=\"https://laohu8.com/S/AONE.U\">one</a>-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, <a href=\"https://laohu8.com/S/GME\">GameStop</a> shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.</p>\n<p>The results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.</p>\n<p>“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.</p>\n<p>State Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>&nbsp;Inc.</p>\n<p>A big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.</p>\n<p>GameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.</p>\n<p>When the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.</p>\n<p>Performance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.</p>\n<p>The ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.</p>\n<p>A videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.</p>\n<p><a href=\"https://laohu8.com/S/IVZ\">Invesco</a>’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.</p>\n<p>The decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.</p>\n<p>“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Rally Passes by Some Previous Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Rally Passes by Some Previous Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612003","content_text":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.\nState Street’sSPDR S&P Retail ETFhad roughly one-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, GameStop shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.\nThe results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.\n“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.\nState Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut, Amazon.com Inc.\nA big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.\nGameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.\nWhen the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.\nPerformance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.\nThe ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.\nA videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.\nInvesco’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.\nThe decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.\n“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5699912,"gmtCreate":1630369837576,"gmtModify":1663233144140,"authorId":3577784809409079,"author":{"id":3577784809409079,"idStr":"3577784809409079","authorId":3577784809409079,"name":"Kseries21","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818938201,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":818930171,"gmtCreate":1630369628993,"gmtModify":1676530281802,"author":{"id":"3585008979244156","authorId":"3585008979244156","name":"Dindindino","avatar":"https://static.tigerbbs.com/8aa54f4d7f1ed33d80d2d8d18918fb30","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585008979244156","authorIdStr":"3585008979244156"},"htmlText":"Like ple","listText":"Like ple","text":"Like ple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818930171","repostId":1143612003,"repostType":4,"repost":{"id":"1143612003","kind":"news","pubTimestamp":1630367966,"share":"https://ttm.financial/m/news/1143612003?lang=&edition=fundamental","pubTime":"2021-08-31 07:59","market":"us","language":"en","title":"GameStop Stock Rally Passes by Some Previous Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612003","media":"The Wall Street Journal","summary":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since","content":"<blockquote>\n <b>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.</b>\n</blockquote>\n<p>Many exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.</p>\n<p><a href=\"https://laohu8.com/S/STT\">State</a> Street’sSPDR S&amp;P Retail ETFhad roughly <a href=\"https://laohu8.com/S/AONE.U\">one</a>-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, <a href=\"https://laohu8.com/S/GME\">GameStop</a> shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.</p>\n<p>The results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.</p>\n<p>“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.</p>\n<p>State Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>&nbsp;Inc.</p>\n<p>A big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.</p>\n<p>GameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.</p>\n<p>When the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.</p>\n<p>Performance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.</p>\n<p>The ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.</p>\n<p>A videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.</p>\n<p><a href=\"https://laohu8.com/S/IVZ\">Invesco</a>’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.</p>\n<p>The decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.</p>\n<p>“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Rally Passes by Some Previous Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Rally Passes by Some Previous Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612003","content_text":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.\nState Street’sSPDR S&P Retail ETFhad roughly one-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, GameStop shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.\nThe results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.\n“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.\nState Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut, Amazon.com Inc.\nA big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.\nGameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.\nWhen the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.\nPerformance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.\nThe ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.\nA videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.\nInvesco’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.\nThe decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.\n“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":818997003,"gmtCreate":1630369550602,"gmtModify":1676530281762,"author":{"id":"3586262821219407","authorId":"3586262821219407","name":"Xxxtaengxx","avatar":"https://static.tigerbbs.com/6f931aa4bcd7d456a210e2c84b56950f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3586262821219407","authorIdStr":"3586262821219407"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/818997003","repostId":1143612003,"repostType":4,"repost":{"id":"1143612003","kind":"news","pubTimestamp":1630367966,"share":"https://ttm.financial/m/news/1143612003?lang=&edition=fundamental","pubTime":"2021-08-31 07:59","market":"us","language":"en","title":"GameStop Stock Rally Passes by Some Previous Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612003","media":"The Wall Street Journal","summary":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since","content":"<blockquote>\n <b>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.</b>\n</blockquote>\n<p>Many exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.</p>\n<p><a href=\"https://laohu8.com/S/STT\">State</a> Street’sSPDR S&amp;P Retail ETFhad roughly <a href=\"https://laohu8.com/S/AONE.U\">one</a>-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, <a href=\"https://laohu8.com/S/GME\">GameStop</a> shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.</p>\n<p>The results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.</p>\n<p>“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.</p>\n<p>State Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>&nbsp;Inc.</p>\n<p>A big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.</p>\n<p>GameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.</p>\n<p>When the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.</p>\n<p>Performance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.</p>\n<p>The ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.</p>\n<p>A videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.</p>\n<p><a href=\"https://laohu8.com/S/IVZ\">Invesco</a>’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.</p>\n<p>The decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.</p>\n<p>“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Rally Passes by Some Previous Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Rally Passes by Some Previous Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612003","content_text":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.\nState Street’sSPDR S&P Retail ETFhad roughly one-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, GameStop shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.\nThe results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.\n“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.\nState Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut, Amazon.com Inc.\nA big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.\nGameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.\nWhen the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.\nPerformance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.\nThe ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.\nA videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.\nInvesco’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.\nThe decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.\n“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5699816,"gmtCreate":1630369579409,"gmtModify":1663233145041,"authorId":3586262821219407,"author":{"id":3586262821219407,"idStr":"3586262821219407","authorId":3586262821219407,"name":"Xxxtaengxx","avatar":"https://static.tigerbbs.com/6f931aa4bcd7d456a210e2c84b56950f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818997003,"type":1,"supId":0,"prevId":0,"content":"Okok","text":"Okok","html":"Okok"}],"langContent":"EN"},{"id":818994952,"gmtCreate":1630369509576,"gmtModify":1676530281746,"author":{"id":"3555237785078725","authorId":"3555237785078725","name":"许哲东","avatar":"https://static.tigerbbs.com/9061503cb3d4f9ac3d7d9de3f72b29ab","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":6,"crmLevelSwitch":1,"idStr":"3555237785078725","authorIdStr":"3555237785078725"},"htmlText":"Like AMC than GameStop..","listText":"Like AMC than GameStop..","text":"Like AMC than GameStop..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/818994952","repostId":1143612003,"repostType":4,"repost":{"id":"1143612003","kind":"news","pubTimestamp":1630367966,"share":"https://ttm.financial/m/news/1143612003?lang=&edition=fundamental","pubTime":"2021-08-31 07:59","market":"us","language":"en","title":"GameStop Stock Rally Passes by Some Previous Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612003","media":"The Wall Street Journal","summary":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since","content":"<blockquote>\n <b>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.</b>\n</blockquote>\n<p>Many exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.</p>\n<p><a href=\"https://laohu8.com/S/STT\">State</a> Street’sSPDR S&amp;P Retail ETFhad roughly <a href=\"https://laohu8.com/S/AONE.U\">one</a>-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, <a href=\"https://laohu8.com/S/GME\">GameStop</a> shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.</p>\n<p>The results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.</p>\n<p>“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.</p>\n<p>State Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>&nbsp;Inc.</p>\n<p>A big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.</p>\n<p>GameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.</p>\n<p>When the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.</p>\n<p>Performance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.</p>\n<p>The ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.</p>\n<p>A videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.</p>\n<p><a href=\"https://laohu8.com/S/IVZ\">Invesco</a>’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.</p>\n<p>The decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.</p>\n<p>“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Rally Passes by Some Previous Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Rally Passes by Some Previous Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612003","content_text":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.\nState Street’sSPDR S&P Retail ETFhad roughly one-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, GameStop shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.\nThe results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.\n“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.\nState Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut, Amazon.com Inc.\nA big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.\nGameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.\nWhen the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.\nPerformance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.\nThe ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.\nA videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.\nInvesco’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.\nThe decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.\n“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5699813,"gmtCreate":1630369573648,"gmtModify":1663233146844,"authorId":4087709618925430,"author":{"id":4087709618925430,"idStr":"4087709618925430","authorId":4087709618925430,"name":"Jjjjia","avatar":"https://static.tigerbbs.com/25215d9b4b22838734cba07948cafe46","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818994952,"type":1,"supId":0,"prevId":0,"content":"Liked","text":"Liked","html":"Liked"}],"langContent":"EN"},{"id":818995450,"gmtCreate":1630369488770,"gmtModify":1676530281671,"author":{"id":"4087709618925430","authorId":"4087709618925430","name":"Jjjjia","avatar":"https://static.tigerbbs.com/25215d9b4b22838734cba07948cafe46","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087709618925430","authorIdStr":"4087709618925430"},"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818995450","repostId":1143612003,"repostType":4,"repost":{"id":"1143612003","kind":"news","pubTimestamp":1630367966,"share":"https://ttm.financial/m/news/1143612003?lang=&edition=fundamental","pubTime":"2021-08-31 07:59","market":"us","language":"en","title":"GameStop Stock Rally Passes by Some Previous Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612003","media":"The Wall Street Journal","summary":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since","content":"<blockquote>\n <b>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.</b>\n</blockquote>\n<p>Many exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.</p>\n<p><a href=\"https://laohu8.com/S/STT\">State</a> Street’sSPDR S&amp;P Retail ETFhad roughly <a href=\"https://laohu8.com/S/AONE.U\">one</a>-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, <a href=\"https://laohu8.com/S/GME\">GameStop</a> shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.</p>\n<p>The results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.</p>\n<p>“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.</p>\n<p>State Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>&nbsp;Inc.</p>\n<p>A big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.</p>\n<p>GameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.</p>\n<p>When the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.</p>\n<p>Performance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.</p>\n<p>The ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.</p>\n<p>A videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.</p>\n<p><a href=\"https://laohu8.com/S/IVZ\">Invesco</a>’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.</p>\n<p>The decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.</p>\n<p>“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Rally Passes by Some Previous Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Rally Passes by Some Previous Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612003","content_text":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.\nState Street’sSPDR S&P Retail ETFhad roughly one-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, GameStop shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.\nThe results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.\n“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.\nState Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut, Amazon.com Inc.\nA big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.\nGameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.\nWhen the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.\nPerformance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.\nThe ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.\nA videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.\nInvesco’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.\nThe decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.\n“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":818992568,"gmtCreate":1630369453554,"gmtModify":1676530281662,"author":{"id":"3579281258254650","authorId":"3579281258254650","name":"viny","avatar":"https://static.tigerbbs.com/d15f9871e87ab4a8d4b0d23057f0d71f","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3579281258254650","authorIdStr":"3579281258254650"},"htmlText":"like pls","listText":"like pls","text":"like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818992568","repostId":1143612003,"repostType":4,"repost":{"id":"1143612003","kind":"news","pubTimestamp":1630367966,"share":"https://ttm.financial/m/news/1143612003?lang=&edition=fundamental","pubTime":"2021-08-31 07:59","market":"us","language":"en","title":"GameStop Stock Rally Passes by Some Previous Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612003","media":"The Wall Street Journal","summary":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since","content":"<blockquote>\n <b>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.</b>\n</blockquote>\n<p>Many exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.</p>\n<p><a href=\"https://laohu8.com/S/STT\">State</a> Street’sSPDR S&amp;P Retail ETFhad roughly <a href=\"https://laohu8.com/S/AONE.U\">one</a>-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, <a href=\"https://laohu8.com/S/GME\">GameStop</a> shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.</p>\n<p>The results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.</p>\n<p>“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.</p>\n<p>State Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>&nbsp;Inc.</p>\n<p>A big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.</p>\n<p>GameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.</p>\n<p>When the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.</p>\n<p>Performance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.</p>\n<p>The ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.</p>\n<p>A videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.</p>\n<p><a href=\"https://laohu8.com/S/IVZ\">Invesco</a>’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.</p>\n<p>The decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.</p>\n<p>“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Rally Passes by Some Previous Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Rally Passes by Some Previous Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612003","content_text":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.\nState Street’sSPDR S&P Retail ETFhad roughly one-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, GameStop shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.\nThe results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.\n“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.\nState Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut, Amazon.com Inc.\nA big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.\nGameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.\nWhen the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.\nPerformance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.\nThe ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.\nA videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.\nInvesco’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.\nThe decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.\n“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":818992935,"gmtCreate":1630369399827,"gmtModify":1676530281638,"author":{"id":"3582655395149820","authorId":"3582655395149820","name":"Bob87","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3582655395149820","authorIdStr":"3582655395149820"},"htmlText":"Is this even news? Why would any etf gamble long term in a meme stock","listText":"Is this even news? Why would any etf gamble long term in a meme stock","text":"Is this even news? Why would any etf gamble long term in a meme stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818992935","repostId":1143612003,"repostType":4,"repost":{"id":"1143612003","kind":"news","pubTimestamp":1630367966,"share":"https://ttm.financial/m/news/1143612003?lang=&edition=fundamental","pubTime":"2021-08-31 07:59","market":"us","language":"en","title":"GameStop Stock Rally Passes by Some Previous Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612003","media":"The Wall Street Journal","summary":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since","content":"<blockquote>\n <b>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.</b>\n</blockquote>\n<p>Many exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.</p>\n<p><a href=\"https://laohu8.com/S/STT\">State</a> Street’sSPDR S&amp;P Retail ETFhad roughly <a href=\"https://laohu8.com/S/AONE.U\">one</a>-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, <a href=\"https://laohu8.com/S/GME\">GameStop</a> shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.</p>\n<p>The results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.</p>\n<p>“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.</p>\n<p>State Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>&nbsp;Inc.</p>\n<p>A big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.</p>\n<p>GameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.</p>\n<p>When the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.</p>\n<p>Performance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.</p>\n<p>The ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.</p>\n<p>A videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.</p>\n<p><a href=\"https://laohu8.com/S/IVZ\">Invesco</a>’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.</p>\n<p>The decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.</p>\n<p>“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Rally Passes by Some Previous Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Rally Passes by Some Previous Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612003","content_text":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.\nState Street’sSPDR S&P Retail ETFhad roughly one-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, GameStop shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.\nThe results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.\n“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.\nState Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut, Amazon.com Inc.\nA big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.\nGameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.\nWhen the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.\nPerformance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.\nThe ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.\nA videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.\nInvesco’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.\nThe decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.\n“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":818991335,"gmtCreate":1630369264427,"gmtModify":1676530281575,"author":{"id":"3576666566979913","authorId":"3576666566979913","name":"YBinvest","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3576666566979913","authorIdStr":"3576666566979913"},"htmlText":"Gamestop rally&nbsp;","listText":"Gamestop rally&nbsp;","text":"Gamestop rally","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/818991335","repostId":1143612003,"repostType":4,"repost":{"id":"1143612003","kind":"news","pubTimestamp":1630367966,"share":"https://ttm.financial/m/news/1143612003?lang=&edition=fundamental","pubTime":"2021-08-31 07:59","market":"us","language":"en","title":"GameStop Stock Rally Passes by Some Previous Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612003","media":"The Wall Street Journal","summary":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since","content":"<blockquote>\n <b>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.</b>\n</blockquote>\n<p>Many exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.</p>\n<p><a href=\"https://laohu8.com/S/STT\">State</a> Street’sSPDR S&amp;P Retail ETFhad roughly <a href=\"https://laohu8.com/S/AONE.U\">one</a>-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, <a href=\"https://laohu8.com/S/GME\">GameStop</a> shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.</p>\n<p>The results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.</p>\n<p>“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.</p>\n<p>State Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>&nbsp;Inc.</p>\n<p>A big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.</p>\n<p>GameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.</p>\n<p>When the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.</p>\n<p>Performance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.</p>\n<p>The ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.</p>\n<p>A videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.</p>\n<p><a href=\"https://laohu8.com/S/IVZ\">Invesco</a>’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.</p>\n<p>The decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.</p>\n<p>“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Rally Passes by Some Previous Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Rally Passes by Some Previous Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612003","content_text":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.\nState Street’sSPDR S&P Retail ETFhad roughly one-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, GameStop shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.\nThe results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.\n“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.\nState Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut, Amazon.com Inc.\nA big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.\nGameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.\nWhen the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.\nPerformance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.\nThe ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.\nA videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.\nInvesco’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.\nThe decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.\n“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5702197,"gmtCreate":1630380114541,"gmtModify":1663233154542,"authorId":3573268762844547,"author":{"id":3573268762844547,"idStr":"3573268762844547","authorId":3573268762844547,"name":"MKHODL","avatar":"https://static.tigerbbs.com/1cdaf4e105ab3a916f30bc73e9c08a26","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818991335,"type":1,"supId":0,"prevId":0,"content":"[Happy]","text":"[Happy]","html":"[Happy]"}],"langContent":"EN"},{"id":818993871,"gmtCreate":1630369224493,"gmtModify":1676530281557,"author":{"id":"3574851080358491","authorId":"3574851080358491","name":"Benstonk","avatar":"https://static.tigerbbs.com/c8a964cfa9223e4704989c9a4b9b772e","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"3574851080358491","authorIdStr":"3574851080358491"},"htmlText":"Meme ftw","listText":"Meme ftw","text":"Meme ftw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818993871","repostId":1143612003,"repostType":4,"repost":{"id":"1143612003","kind":"news","pubTimestamp":1630367966,"share":"https://ttm.financial/m/news/1143612003?lang=&edition=fundamental","pubTime":"2021-08-31 07:59","market":"us","language":"en","title":"GameStop Stock Rally Passes by Some Previous Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612003","media":"The Wall Street Journal","summary":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since","content":"<blockquote>\n <b>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.</b>\n</blockquote>\n<p>Many exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.</p>\n<p><a href=\"https://laohu8.com/S/STT\">State</a> Street’sSPDR S&amp;P Retail ETFhad roughly <a href=\"https://laohu8.com/S/AONE.U\">one</a>-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, <a href=\"https://laohu8.com/S/GME\">GameStop</a> shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.</p>\n<p>The results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.</p>\n<p>“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.</p>\n<p>State Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>&nbsp;Inc.</p>\n<p>A big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.</p>\n<p>GameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.</p>\n<p>When the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.</p>\n<p>Performance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.</p>\n<p>The ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.</p>\n<p>A videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.</p>\n<p><a href=\"https://laohu8.com/S/IVZ\">Invesco</a>’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.</p>\n<p>The decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.</p>\n<p>“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Rally Passes by Some Previous Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Rally Passes by Some Previous Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612003","content_text":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.\nState Street’sSPDR S&P Retail ETFhad roughly one-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, GameStop shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.\nThe results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.\n“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.\nState Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut, Amazon.com Inc.\nA big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.\nGameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.\nWhen the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.\nPerformance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.\nThe ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.\nA videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.\nInvesco’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.\nThe decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.\n“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":818074251,"gmtCreate":1630368652273,"gmtModify":1676530281245,"author":{"id":"4087452914358580","authorId":"4087452914358580","name":"SanWangtikup","avatar":"https://static.tigerbbs.com/c7f061d50a9f915d0ce8e8c879871960","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0,"idStr":"4087452914358580","authorIdStr":"4087452914358580"},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/818074251","repostId":1143612003,"repostType":4,"repost":{"id":"1143612003","kind":"news","pubTimestamp":1630367966,"share":"https://ttm.financial/m/news/1143612003?lang=&edition=fundamental","pubTime":"2021-08-31 07:59","market":"us","language":"en","title":"GameStop Stock Rally Passes by Some Previous Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612003","media":"The Wall Street Journal","summary":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since","content":"<blockquote>\n <b>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.</b>\n</blockquote>\n<p>Many exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.</p>\n<p><a href=\"https://laohu8.com/S/STT\">State</a> Street’sSPDR S&amp;P Retail ETFhad roughly <a href=\"https://laohu8.com/S/AONE.U\">one</a>-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, <a href=\"https://laohu8.com/S/GME\">GameStop</a> shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.</p>\n<p>The results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.</p>\n<p>“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.</p>\n<p>State Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>&nbsp;Inc.</p>\n<p>A big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.</p>\n<p>GameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.</p>\n<p>When the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.</p>\n<p>Performance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.</p>\n<p>The ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.</p>\n<p>A videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.</p>\n<p><a href=\"https://laohu8.com/S/IVZ\">Invesco</a>’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.</p>\n<p>The decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.</p>\n<p>“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Rally Passes by Some Previous Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Rally Passes by Some Previous Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612003","content_text":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.\nState Street’sSPDR S&P Retail ETFhad roughly one-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, GameStop shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.\nThe results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.\n“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.\nState Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut, Amazon.com Inc.\nA big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.\nGameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.\nWhen the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.\nPerformance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.\nThe ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.\nA videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.\nInvesco’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.\nThe decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.\n“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":818076551,"gmtCreate":1630368495673,"gmtModify":1676530281181,"author":{"id":"3571957575491723","authorId":"3571957575491723","name":"Nibatry","avatar":"https://static.tigerbbs.com/e5d7ae5d90c54730a52a5f03263a015c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571957575491723","authorIdStr":"3571957575491723"},"htmlText":"Oh no&nbsp;","listText":"Oh no&nbsp;","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/818076551","repostId":1143612003,"repostType":4,"repost":{"id":"1143612003","kind":"news","pubTimestamp":1630367966,"share":"https://ttm.financial/m/news/1143612003?lang=&edition=fundamental","pubTime":"2021-08-31 07:59","market":"us","language":"en","title":"GameStop Stock Rally Passes by Some Previous Winners","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612003","media":"The Wall Street Journal","summary":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since","content":"<blockquote>\n <b>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.</b>\n</blockquote>\n<p>Many exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.</p>\n<p><a href=\"https://laohu8.com/S/STT\">State</a> Street’sSPDR S&amp;P Retail ETFhad roughly <a href=\"https://laohu8.com/S/AONE.U\">one</a>-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, <a href=\"https://laohu8.com/S/GME\">GameStop</a> shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.</p>\n<p>The results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.</p>\n<p>“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.</p>\n<p>State Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut,&nbsp;<a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>&nbsp;Inc.</p>\n<p>A big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.</p>\n<p>GameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.</p>\n<p>When the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.</p>\n<p>Performance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.</p>\n<p>The ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.</p>\n<p>A videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.</p>\n<p><a href=\"https://laohu8.com/S/IVZ\">Invesco</a>’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.</p>\n<p>The decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.</p>\n<p>“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”</p>\n<p></p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Rally Passes by Some Previous Winners</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Rally Passes by Some Previous Winners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year ...</p>\n\n<a href=\"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.wsj.com/articles/gamestop-stock-rally-passes-by-some-previous-winners-11630324981?mod=markets_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612003","content_text":"A number of exchange-traded funds that benefited from the early-year surge in meme stocks have since backed away.\n\nMany exchange-traded funds that scored big on the meme-stock craze earlier this year are missing out on large gains this time around.\nState Street’sSPDR S&P Retail ETFhad roughly one-fifth of its assets inGameStopGME2.07%earlier this year, helping it score a 37% return in January. But by August, GameStop shares represented less than 1% of the fund’s assets. So when the stock took flight again last week, rising nearly 30%, the ETF gained just 2%.\nThe results underscore the swirling dynamics facing fund managers and others at a time of outsize gains in a handful of red-hot stocks. While some ETFs that invested in these firms last year have continued to reap gains, others have retreated from the shares in a bid to reduce risk and ended up missing out on fresh windfalls, potentially pressuring performance.\n“A lot of people say we’re capping the upside, but we’re also mitigating the downside of a single stock that could blow up your investment thesis,” said Matt Bartolini, head of SPDR Americas Research at State Street Global Advisors.\nState Street’s retail ETF, which trades under the ticker symbol XRT, offers a way for investors to bet on a swath of the retail sector, usually giving roughly equal exposure to GameStop as to the industry juggernaut, Amazon.com Inc.\nA big run-up in a particular stock, like with GameStop, over a brief stretch can dramatically reshape the $1.1 billion fund’s makeup. GameStop’s surge made it XRT’s biggest holding in late January and was the key contributor to the ETF’s best month ever. The position was so big, many traders on Reddit and other social-media sites began pitching the ETF as a way to play GameStop when some brokerages blocked users from trading shares.\nGameStop’s big weight also made it a liability a month later: Shares of the videogame retailer fell nearly 70% in February, pulling XRT down 10%.\nWhen the ETF conducted its quarterly rebalance in March, XRT sold enough GameStop shares to bring the stock’s weighting in line with the other holdings. Immediately, the fund’s moves were more subdued even as GameStop shares continued to swing.\nPerformance also has been more muted. XRT shares are little changed this month even as GameStop’s are up 30%.\nThe ETF is “meant to provide exposure to the retail industry. One security shouldn’t dominate the returns,” said Mr. Bartolini. Maintaining broad exposure to all of the fund’s holdings is a goal for the ETF and part of why it isn’t weighted by market capitalization, he said.\nA videogame ETF run by Wedbush and ETFMG also cut back on its hefty GameStop position. Shares of theWedbush ETFMG Video Game Tech ETF, or GAMR, rose 36% in January. The videogame ETF sold GameStop stock in March and led the fund to impose a 15% ceiling on any one holding, said Ted Pollak, founder and president of GAMR’s index provider.\nInvesco’s$1.4 billionDynamic Leisure and Entertainment ETFsold all of itsAMC Entertainment Holdingsshares on June 2 after the position ballooned to 18% of the fund’s assets from 2.7% in March. The reason: The movie-theater chain no longer met the index’s criteria for inclusion.\nThe decision has paid off for fundholders, the firm says. While the ETF is down 5% since the rebalancing, AMC shares have fallen about 16%.\n“It’s a challenging situation for a person to sell on that particular day having seen the stock up more than six times,” said John Hoffman, Invesco’s head of ETFs and indexed strategies for the Americas. “ETFs take some of the emotion out of the process.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5699555,"gmtCreate":1630368651141,"gmtModify":1663233144842,"authorId":3571957575491723,"author":{"id":3571957575491723,"idStr":"3571957575491723","authorId":3571957575491723,"name":"Nibatry","avatar":"https://static.tigerbbs.com/e5d7ae5d90c54730a52a5f03263a015c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818076551,"type":1,"supId":5699528,"prevId":0,"content":"Hahaha <u>yes</u>","text":"Hahaha <u>yes</u>","html":"Hahaha <u>yes</u>"},{"id":5699528,"gmtCreate":1630368519524,"gmtModify":1663233144034,"authorId":4087220611732240,"author":{"id":4087220611732240,"idStr":"4087220611732240","authorId":4087220611732240,"name":"liz5828","avatar":"https://static.tigerbbs.com/11d9cbf71f10f004cebe259e097cd798","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818076551,"type":1,"supId":0,"prevId":0,"content":"oh no oh nononono","text":"oh no oh nononono","html":"oh no oh nononono"},{"id":5699557,"gmtCreate":1630368659392,"gmtModify":1663233144029,"authorId":3568965050760713,"author":{"id":3568965050760713,"idStr":"3568965050760713","authorId":3568965050760713,"name":"TK63","avatar":"https://static.tigerbbs.com/a4080eac72045136aac680a580145aba","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":818076551,"type":1,"supId":0,"prevId":0,"content":"oh","text":"oh","html":"oh"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":176,"commentSize":22,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}