January 28, 2025 - 22:49
The Amplify Video Game Tech ETF (GAMR) has undergone a significant transformation by adopting a new underlying index. The ETF will now track the VettaFi Video Game Leaders Index (VGAME), a move aimed at better aligning with the evolving landscape of the video game industry.
This strategic shift is designed to enhance the ETF's focus on companies that are leaders in the gaming sector, including those involved in game development, publishing, and technology. By utilizing the VGAME index, GAMR aims to provide investors with more targeted exposure to the dynamic and rapidly growing video game market.
The video game industry has seen remarkable growth in recent years, driven by advancements in technology and an increasing global audience. With this new index, GAMR is positioning itself to capitalize on these trends, offering investors a more refined investment vehicle that reflects the current state of the gaming industry. As the market continues to evolve, this change could provide new opportunities for growth and innovation within the sector.
