Tom Lee, managing partner at Fundstrat Global Advisors, celebrates the success of his ETF, GRNY, surpassing $2 billion in assets under management in less than nine months. The actively managed fund invests in 35 high-quality S&P 500 stocks, outperforming the S&P by over 9% year to date.
Lee gained popularity for his bold market calls and transparent communication with investors. The GRNY ETF focuses on key investment themes like energy, cybersecurity, AI, and millennials. The fund has an expense ratio of 0.75% and is managed by Fundstrat Global Advisors.
Read more at CNBC: Tom Lee’s Granny Shots ETF rakes in $2 billion in AUM just 9 months after inception
