Must-Know ETFs For The iPhone 5 Launch

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September 11, 2012
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Some are projecting Apple’s share price to hit $800 in the near future, and with the newest edition of the iPhone on the way, investors are looking for more ways than ever to access the tech giant’s market value, according to an article listed on Benzinga.

The following ETFs carry heavy allocation to Apple, allowing investors to benefit from the iPhone maker’s growth by providing a cheap alternative to owning the company’s stock directly:

  • iShares Dow Jones U.S. Technology Sector Index Fund (NYSEArca: IYW)
  • Global X Nasdaq 500 ETF (NasdaqGM: QQQV)
  • Direxion Daily Semiconductor Bear 3X Shares (NYSEArca: SOXS)
  • Guggenheim Russell Top 50 ETF (NYSEArca: XLG)

 

To read more, head over to Benzinga.com.

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