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GOLY

28.98000 USD
0.29
0.99%
Last update Jul 15, 3:59 PM EDT
Pre-market
Day range
28.72000
29.24000
Previous close
29.27000
Open
28.89000
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Strategy Shares Gold ETFS Enhanced Fund
28.98
0.29
0.99%

Overview

Description

The Strategy Shares Gold ETFS Enhanced Fund is an exchange-traded fund that aims to provide amplified exposure to the performance of gold and gold-related securities. As a specialized financial product, its primary function is to enhance the investment in gold through various financial instruments, possibly including futures and derivatives, rather than holding physical gold. This fund is particularly relevant for investors seeking exposure to gold's price movements, providing a potentially more dynamic risk-reward profile compared to traditional physical gold investments. The fund impacts commodities, precious metals, and broader markets sensitive to gold price fluctuations. It caters to investors interested in portfolio diversification and those looking to hedge against market volatility or inflation pressures since gold is often seen as a safe-haven asset. Significant for its role in strategies that absorb global economic shifts, the Strategy Shares Gold ETFS Enhanced Fund represents an innovative approach within the financial market, reflecting the increasing use of sophisticated financial techniques to capture returns in commodity investments.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
United States
MIC code
BATS
Pre-market

Exchange is currently open for pre-market.
Main market opens in 4 hours 45 minutes

04:44
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).