ETF.com Insight
MercadoLibre, Inc. is a company in the U.S. stock market and it is a holding in 112 U.S.-traded ETFs. MELI has around 1.4M shares in the U.S. ETF market. The largest ETF holder of MELI is the Invesco QQQ Trust (QQQ), with approximately 716.82K shares. Investors may also find of interest that the ETF with the largest allocation to MELI stock is Global X MSCI Argentina ETF (ARGT), with a portfolio weight of 20.43%. On average, U.S. ETFs allocate 1.37% of MELI to their portfolios.
Additionally, MELI is a favorite stock for Active and Vanilla ETFs. It is also most likely to belong to Broad-based ETFs. The best-performing ETF in the past 12 months with MELI as a holding is the ProShares Ultra QQQ (QLD), with a return of 70.08%.