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What ETF Is Shopify In?

Last updated on October 2, 2022 @ 2:40 am

Shopify (SHOP) is an e-commerce platform that enables businesses to create their own online stores. It is a publicly traded company, and its shares are listed on the Toronto Stock Exchange. Shopify has been a major player in the e-commerce space for many years, and its platform is used by some of the biggest names in online retail, including Tesla (TSLA), Kyrie Irving’s Uncle Drew Clothing, and Kylie Jenner’s Kylie Cosmetics.

Shopify is a Canadian company, and its shares are listed on the Toronto Stock Exchange. The company was founded in 2004 by Tobias Lütke, Daniel Weinand, and Scott Lake.

Shopify is a leading e-commerce platform that enables businesses to create their own online stores. The platform is used by some of the biggest names in online retail, including Tesla (TSLA), Kyrie Irving’s Uncle Drew Clothing, and Kylie Jenner’s Kylie Cosmetics.

PRO TIP: Investing in Exchange Traded Funds (ETFs) is a popular way to gain exposure to a wide variety of assets, including stocks, bonds, commodities, and real estate. Shopify is a Canadian e-commerce company with shares that trade on the New York Stock Exchange (NYSE). As of September 2020, there is no ETF that directly tracks the performance of Shopify. However, investors can gain exposure to Shopify through indirect means such as investing in ETFs that track the performance of the NYSE Composite Index or the S&P 500 Index.

While investing in ETFs can be a good way to gain exposure to Shopify, it’s important to remember that these products are subject to market risks and you could lose money if the underlying assets decline in value. As always, it’s important to consult with a financial advisor before making any investment decisions.

Shopify went public in 2015, and its shares have been on a tear since then. The stock has more than doubled in value since its IPO, and it shows no signs of slowing down.

Shopify reported strong Q1 results in 2018, with revenue and profit both coming in ahead of expectations. The company’s guidance for the rest of the year was also encouraging.

Shopify is a growth stock, and it looks like a good bet for investors who are looking for exposure to the e-commerce space. The company has a strong platform that is used by some of the biggest names in online retail. Shopify is also a Canadian company, which could be appealing to investors who are looking for domestic exposure.

Kathy McFarland

Kathy McFarland

Devops woman in trade, tech explorer and problem navigator.