We like the prospects for one of these ETFs

Article Excerpt

This month, we look at a new ETF that aims to focus on companies that will benefit from the fast-growing video gaming and eSports sector. Another ETF seeks to find companies that have registered blockchain patents. VANECK VECTORS VIDEO GAMING AND eSPORTS ETF $27.60 (New York symbol ESPO) invests in companies involved in video gaming and eSports. eSports is fast becoming extremely popular and viewership is already topping some of the most popular U.S. sporting events. The 2018 Mid Season Invitational eSports finals (organized by Riot Games) was watched by 127 million viewers, and the League of Legends World Championship event attracted 60 million viewers; that’s comparable to the 2017 NFL Super Bowl, which had 110 million viewers. Established video game companies are set to benefit the most with the rise of eSports, through partnerships, league ownership, sponsorships and franchising. This ETF holds 25 stocks; the top 10 represent a hefty 72% of its assets. Its top holdings include Tencent Holdings (Hong Kong; 7.8%), Activision Blizzard…