By Amber Deter What is an IPO ETF? ETF stands for exchange traded fund. It trades just like stocks on exchanges such as the NYSE and Nasdaq. But instead of following one company, it follows a group of securities such as a commodity, index, bonds or sector.
An IPO ETF follows companies that recently went public. IPO stands for initial public offering. It’s when a private company offers stock on the public markets for the first time. IPO ETFs have a range of IPOs from those with the greatest values to those who went public in the last year. Each ETF has its own …read more
