Shopify is one of the hottest companies in the tech industry, and its stock has been on a tear in recent years. The company has a market cap of over $30 billion, and its stock is up more than 1,000% since its IPO in 2015. Given Shopify’s stellar performance, it’s no surprise that investors are wondering which ETF has Shopify.
Unfortunately, there is no ETF that currently has Shopify as a component. However, there are a few ETFs that have exposure to the company. The First Trust Dow Jones Internet Index Fund (FDN) and the Amplify Online Retail ETF (IBUY) both have small positions in Shopify.
FDN has 0.74% of its assets in Shopify, while IBUY has 1.37% of its assets in the company.
PRO TIP: Please be aware that Shopify (SHOP) is not an exchange-traded fund (ETF). While there are several ETFs that track the overall performance of the tech sector, SHOP is not included in any of them.
Another option for investors looking to get exposure to Shopify is to buy shares of the company directly. This can be done through a brokerage account or through a direct purchase plan offered by Shopify. For investors who want to own a piece of one of the hottest companies in tech, buying shares of Shopify is the way to go.
Conclusion
So there you have it – currently, there is no ETF that has Shopify as a component but there are a few that have exposure to it. You can also buy shares of Shopify directly through a brokerage account or direct purchase plan.
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Shopify is a platform for businesses of all sizes to create an online store. It offers users a customizable platform, an easy-to-use checkout process, and a wide range of features. Shopify is used by major companies such as Tesla, Red Bull, Nestle, and GE.
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Shopify is a popular ecommerce platform used by many stores. Some of the larger retailers that use Shopify include Target, Walmart, and Amazon. There are a number of reasons why these larger stores might choose to use Shopify over other platforms.
Shopify is a platform that big stores use to run their businesses. It helps them keep track of inventory, manage orders, and process payments.Shopify also provides marketing and shipping tools to help stores grow their businesses. Why do big stores use Shopify?
Shopify is a popular ecommerce platform for small businesses and entrepreneurs. The platform offers a wide range of features that can help businesses of all sizes run their online stores. Some of the most well-known brands that use Shopify include Kickstarter, Etsy, and OkCupid.