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GRNY
CNBC
21 days

Tom Lee's Granny Shots ETF rakes in $2 billion in AUM just 9 months after inception

1. GRNY ETF surpassed $2 billion in assets within nine months of launch. 2. This growth ranks GRNY as the fastest among 258 actively managed ETFs. 3. The fund is up 18% YTD, outperforming the S&P 500 by over 9%. 4. Key holdings include Robinhood and Oracle within S&P 500 stocks. 5. Fund aims to invest in themes like energy and cybersecurity.

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FAQ

Why Very Bullish?

The rapid growth in assets signifies strong investor confidence. Historically, similar funds gaining traction have seen significant price appreciation.

How important is it?

The article highlights GRNY's exceptional performance and market sentiment, likely impacting trading volumes.

Why Short Term?

The immediate interest in GRNY can drive price action in the upcoming months.

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