Roundhill Investments an ETF sponsor focused on offering innovative thematic funds, is pleased to announce that META — the Roundhill Ball Metaverse ETF — surpassed $500 million in assets under management this week. META crossed this milestone just two weeks after reaching $250 million . On Monday, Roundhill and Ball Metaverse Research Partners rang the closing bell at the New York Stock Exchange commemorating ...

Roundhill Investments an ETF sponsor focused on offering innovative thematic funds, is pleased to announce that META — the Roundhill Ball Metaverse ETF — surpassed $500 million in assets under management this week. META crossed this milestone just two weeks after reaching $250 million . On Monday, Roundhill and Ball Metaverse Research Partners rang the closing bell at the New York Stock Exchange commemorating META's successful launch.

Interest in the metaverse has surged in recent months. In 2021, there have been 160 SEC filings mentioning "metaverse" compared to just seven in 2020 and one in 2018. Additionally, from October 29 through November 5 , there were 13,738 stories on Bloomberg Terminal referencing the metaverse. In the last few weeks, companies as diverse as Nvidia and Disney have begun to articulate their Metaverse strategies to investors and partners. Most famously, Facebook changed its name to Meta as they transition from a social media company to that of a metaverse company.

"Attention and investment in the Metaverse reflects the growing belief that it represents a transformation as significant as, if not larger than, that of the advent and proliferation of mobile internet and computing. The Metaverse is not yet here, but it has started to emerge and we believe trillions of dollars of value will change hands and be created globally." - said Matthew Ball , Founder of Ball Metaverse Research Partners.

The Roundhill Ball Metaverse ETF ("META ETF") is designed to offer investors exposure to the metaverse by providing investment results that closely correspond, before fees and expenses, to the performance of the Ball Metaverse Index ("BALL META Index"). The Index is managed by Ball Metaverse Research Partners, an indexing and research firm led by Matthew Ball , a pioneering investor, advisor and researcher of the metaverse. The "Metaverse" is defined as a successor to the current internet that will be interoperable, persistent, synchronous, open to unlimited participants with a fully functioning economy, and an experience that spans the virtual and 'real' world.

Top holdings of META ETF include (as of November 16, 2021 ): Nvidia (9.7% weight), Roblox (9.0% weight), Microsoft (6.9% weight), Unity Software (6.1% weight), and Meta Platforms Inc. (5.8% weight).

Ball Metaverse Research Partners' Expert Council is comprised of executives from Nvidia, Amazon's AWS and Prime Video, Match Group, Valve, Square Enix, The New York Times , Take-Two's Grand Theft Auto, Spotify, and Andreessen Horowitz, and more.

To learn more about META and view a full list of holdings, please visit https://www.roundhillinvestments.com/etf/meta/ .

About Roundhill Investments

Roundhill Investments is a registered investment adviser and ETF sponsor focused on thematic and sector-specific investing. We create thoughtful investment products designed to help investors express their vision of the future. To learn more about the company, please visit roundhillinvestments.com .

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about Roundhill ETFs please visit the website at https://www.roundhillinvestments.com/etf . Read the prospectus or summary prospectus carefully before investing.

Investing involves risk, including possible loss of principal. Metaverse Companies and other companies that rely heavily on technology are particularly vulnerable to research and development costs, substantial capital requirements, product and services obsolescence, government regulation, and domestic and international competition, including competition from foreign competitors with lower production costs. Stocks of such companies, especially smaller, less-seasoned companies, may be more volatile than the overall market. Metaverse Companies may face dramatic and unpredictable changes in growth rates. Metaverse Companies may be targets of hacking and theft of proprietary or consumer information or disruptions in service, which could have a material adverse effect on their businesses. Fund investments will be concentrated in an industry or group of industries, and the value of Fund shares may rise and fall more than more diversified funds.

Foreign investing involves social and political instability, market illiquidity, exchange-rate fluctuation, high volatility and limited regulation risks. Emerging markets involve different and greater risks, as they are smaller, less liquid and more volatile than more developed countries. Depositary Receipts involve risks similar to those associated with investments in foreign securities, but may not provide a return that corresponds precisely with that of the underlying shares. Please see the prospectus for details of these and other risks.

Shares are bought and sold at market price not net asset value (NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.

Roundhill Financial Inc serves as the investment advisor. The Funds are distributed by Foreside Fund Services, LLC which is not affiliated with Roundhill Financial Inc, U.S. Bank or any of their affiliates.

Cision View original content: https://www.prnewswire.com/news-releases/meta-etf-crosses-500-million-in-assets-under-management-301426614.html

SOURCE Roundhill Investments

News Provided by PR Newswire via QuoteMedia

Bronstein, Gewirtz & Grossman, LLC Reminds Meta Platforms, Inc. f/k/a Facebook, Inc. Shareholders With Losses Exceeding $1M of Class Action and Lead Deadline: December 27, 2021

Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Meta Platforms, Inc. fka Facebook, Inc. ("Facebook" or "the Company") (NASDAQ:FB) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Facebook between November 3, 2016 and October 4, 2021,inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.comFB

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

Keep reading... Show less

INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Meta Platforms, Inc. f/k/a Facebook, Inc. with Losses of $500,000 to Contact the Firm

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Meta Platforms, Inc. fka Facebook, Inc. ("Facebook" or "the Company") (NASDAQ:FB) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission

Investors who purchased the Company's securities between November 3, 2016, and October 4, 2021, inclusive (the ''Class Period''), are encouraged to contact the firm before December 27, 2021.

Keep reading... Show less

ROSEN, RESPECTED INVESTOR COUNSEL, Encourages Meta Platforms, Inc. f/k/a Facebook, Inc. Investors With Losses to Secure Counsel Before Important December 27 Deadline in First Filed Securities Class Action Commenced by the Firm - FB

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Meta Platforms, Inc. fka Facebook, Inc. (NASDAQ: FB) ("Facebook") between November 3, 2016 and October 4, 2021, inclusive (the "Class Period") of the important December 27, 2021 lead plaintiff deadline in the securities class action first filed by the firm.

SO WHAT: If you purchased Facebook securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Keep reading... Show less

INVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in Meta Platforms, Inc. f/k/a Facebook, Inc. with Losses of $500,000 to Contact the Firm

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Meta Platforms, Inc. fka Facebook, Inc. ("Facebook" or "the Company") (NASDAQ:FB) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission

Investors who purchased the Company's securities between November 3, 2016, and October 4, 2021, inclusive (the ''Class Period''), are encouraged to contact the firm before December 27, 2021.

Keep reading... Show less

Sierra Wireless Names Russell Jones as New Chair Effective January 1, 2022

Sierra Wireless (NASDAQ: SWIR) (TSX: SW), a world leading IoT solutions provider, today announced that Russell Jones, who has served on the Board of Sierra Wireless since 2018, has been appointed by the Board of Directors to be the new Chair effective January 1, 2022, replacing Robin Abrams who joined the Board in March 2010 and has served as Chair since October 2018. Ms. Abrams will continue to serve as a director on the company's Board until her retirement from the Board at the upcoming Annual Meeting in the Spring of 2022.

In his new role, Mr. Jones brings extensive experience in the technology industry, having held key management positions for some of the world's most high-profile technology companies, including Shopify Inc., Mitel Corporation, and Newbridge Networks. Mr. Jones is currently an active director on the board of Olo Inc. which is a public B2B SaaS company for the restaurant industry.

Keep reading... Show less

FB Investor Alert - Thornton Law Firm Reminds Meta Platforms f/k/a Facebook Investors of Class Action Lawsuit

The Thornton Law Firm alerts investors that a class action lawsuit has been filed on behalf of investors of Meta Platforms, Inc. fka Facebook, Inc. (NASDAQ:FB). The case is currently in the lead plaintiff stage. Investors who purchased FB securities on or after November 3, 2016 may contact the Thornton Law Firm's investor protection team by visiting www.tenlaw.comcasesFacebook for more information. Investors may also email investors@tenlaw.com or call 617-531-3917

Thornton Law Firm LLC, Attorneys At Law logo

FOR MORE INFORMATION: www.tenlaw.com/cases/Facebook

Keep reading... Show less

Top News

Related News