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GENY - Principal Millennials Index ETF

Stock Price: $64.74 USD 0.05 (0.08%)
Updated Apr 16, 2021 4:00 PM EDT - Market closed
Assets $93.85M
NAV $64.72
Expense Ratio 0.45%
PE Ratio 24.69
Beta (5Y) 1.10
Dividend (ttm) $0.41
Dividend Yield 0.63%
Ex-Dividend Date Apr 1, 2021
1-Year Return -
Trading Day April 16
Last Price $64.74
Previous Close $64.69
Change ($) 0.05
Change (%) 0.08%
Day's Open 64.90
Day's Range 64.67 - 64.90
Day's Volume 1,972
52-Week Range 33.76 - 67.85

Fund Description

The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq Global Millennial Opportunity Index (the index). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities of companies in the Nasdaq Global Index (the parent index) that are impacted by the spending and lifestyle activities of the Millennial generation, which refers to people born from 1980 to the mid-2000s.

Asset Class
Equity
Sector
Large Cap
Region
North America
Inception Date
Aug 19, 2016
Exchange
NASDAQ
Ticker Symbol
GENY
Index Tracked
NASDAQ Global Millennial Opportunity Index

Top 10 Holdings

23.32% of assets
NameSymbolWeight
BilibiliBILI2.82%
Snap, Inc.SNAP2.71%
Discover Financial ServicesDFS2.46%
AppleAAPL2.37%
Roku, IncROKU2.30%
AlphabetGOOG2.19%
Adyen NVADYEN.AS2.18%
FacebookFB2.18%
PayPalPYPL2.08%
Li Ning Co Ltd2331.HK2.05%
View All Holdings

Dividends

Ex-DividendAmountPay Date
Apr 1, 2021$0.019035Apr 7, 2021
Dec 29, 2020$0.185Jan 4, 2021
Oct 1, 2020$0.133154Oct 6, 2020
Jul 1, 2020$0.068Jul 7, 2020
Apr 1, 2020$0.024Apr 6, 2020
Dec 27, 2019$0.2345Jan 2, 2020
Full Dividend History

News

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As was widely expected, the bulk of holiday shopping took place online this year, and when e-commerce companies start delivering fourth-quarter earnings in the first quarter of 2021, the Principal Mille...

3 months ago - ETF Trends

How consumers spend their hard-earned money is changing. Investors are adapting to the times with exchange traded funds such as the Principal Millennials Index ETF (Nasdaq: GENY).

3 months ago - ETF Trends

The coronavirus pandemic is bringing about seismic shifts pertaining to how and where consumers spend money. Those changes could have positive long-term implications for exchange traded funds such as th...

5 months ago - ETF Trends

Consumer spending is a vital driver of the U.S. economy and while there have been challenges to that scenario this year, the consumer is proving surprisingly resilient. That could highlight the case for...

6 months ago - ETF Trends

As Election Day 2020 draws closer, it’s common for market participants to discuss various outcomes and how those outcomes could impact sectors. It’s not uncommon to hear talk about potential impacts on ...

6 months ago - ETF Trends

Data indicate professional investors are revisiting cyclical stocks and that trend could have positive implications for a surprising exchange traded fund: The Principal Millennials Index ETF (Nasdaq: GE...

6 months ago - ETF Trends

When it comes to the intersection of consumer spending and demographic trends, millennials get plenty of attention, but Gen Z – the next generation – are on the rise and investors can use ETFs, such as ...

7 months ago - ETF Trends

As Wall Street has been rallying, investors can buy these red-hot ETFs at an all-time high.

Other tickers mentioned: IWY, PNQI, QCLN, WCLD
7 months ago - Zacks Investment Research

The coronavirus pandemic is crimping consumer spending across an array of demographics, but the reduced spending is particularly acute among millennials. Those near-term hurdles should give way to long-...

7 months ago - ETF Trends

Low interest rates could be a prime motivator when it comes to home buyers. In conjunction with social distancing measures, this could bring more prospective purchasers looking to leave heavily populate...

Other tickers mentioned: HAUZ, VNQ
8 months ago - ETF Trends

The coronavirus pandemic is having a profound impact on spending trends and the shifts are evident with millennials and Gen Z, but the Principal Millennials Index ETF (Nasdaq: GENY) is proving resilient...

9 months ago - ETF Trends

Pre-2008 financial crisis, quantitative strategy, and high-frequency traders got flack for the mass movements in the market, but now in a post-COVID environment, it’s millennial daytraders who are on th...

10 months ago - ETF Trends

The U.S. consumer is taking some lumps at the hands of the novel coronavirus, but the country’s most important economic engine may be down, but not out. Improving consumer sentiment should bolster the P...

10 months ago - ETF Trends

A variety of data and research suggest the coronavirus pandemic is shifting how millennials spend and view money, but like any other generation, they still like some frivolities and indulgences. That bo...

10 months ago - ETF Trends

The coronavirus pandemic is altering how millennials spend, but not the thesis underpinning the Principal Millennials Index ETF (Nasdaq: GENY). GENY tracks the Nasdaq Global Millennial Opportunity Index.

10 months ago - ETF Trends

Millennials are such a sought after demographic that there are some ETFs dedicated to their spending habits. While this may appear to be too much of a nuanced investment approach, there’s more than meet...

11 months ago - ETF Trends

The coronavirus is reshaping how people spend and consumer trends that particularly clear among younger generations.

11 months ago - ETF Trends

In the financial services community, perhaps only baby boomers get more attention than millennials.

1 year ago - ETF Trends

Principal Millennials: Millennial ETFs Beating the Market

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These ETFs are poised to benefit from millennial spending wave.

1 year ago - Zacks Investment Research