Goldman Hunts for Next 175,000% Stock Rally With New Active ETF
- GTEK tracks tech stocks with market caps under $100 billion
- Bank’s asset arm ‘working hard’ to find next rally leaders
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Goldman Sachs Asset Management is on the hunt for the Faangs of the future with its latest exchange-traded fund.
The actively managed Goldman Sachs Future Tech Leaders Equity ETF (ticker GTEK) launches Thursday, holding technology companies with market capitalizations under $100 billion from both developed and emerging nations.