AMEX
$16.5963
$16.5963

Overview

Price performance
Low
$16.53
High
$16.74
Market open. Last updated: Feb 21, 2024, 8:56 PM UTC
$
16.60
0.06 (0.35%)
Average, 50 days
$17.00
$17.41
Open
$16.64
Previous close
$16.54
52-week high
$16.74
Feb 21, 2024 (3 years ago)
52-week low
$16.53
Feb 21, 2024 (3 years ago)
0.40%

Valuation & Estimates

Dividend & Capital Gains

Insights & Activity

Market Cap
12.90M
Avg. Volume
5 275
Beta
1.60
Top Holding
6.55%
Asset class
Equity
Domicile
US
Sectors
—
Current Sentiment
50NeutralMixed Signals
The economic outline is
The Cannabis ETF (THCX) is trading at $16.60, up +0.35% on the day within a range of 16.53 - 16.74. Its 52-week range spans 14.90 - 23.22, with a market cap of $12,902,163. The Federal Funds Rate stands at 3.88%, US CPI YoY at 3.72%, and US Unemployment at 4.20%.Summarized at 04:49 PM
Key indicators
Trading at -0.74% discount to NAV of $16.7
24h volume 348 793 shares far exceeds 5 275 avg
Top 10 holdings at 57.30% signal concentration risk
Expense ratio 0.75% is elevated for a sector ETF
24h Dollar Volume (approx.) $5.79M with +0.35% gain
Summarized at 16:49
Links
Tags
Equity
US
About
This Exchange Traded Fund (ETF) concentrates its investments within the cannabis sector. It aims to allocate a minimum of 80% of its total capital to the specific securities that make up its benchmark index. Furthermore, under typical market conditions, at least 80% of its net assets, including any funds borrowed for investment, will be directed into publicly traded common stocks or American Depositary Receipts (ADRs) of companies operating within the cannabis industry. The underlying index is a unique, systematically constructed benchmark designed to measure the performance of a collection of cannabis-centric businesses. It's important to note that this fund is considered non-diversified, meaning it can hold a more concentrated portfolio.