US Asset Managers File for First ETFs Targeting AI-Focused 'MANGOS' Group
Two US asset managers have filed with the SEC to launch new exchange-traded funds (ETFs) focused on a group of artificial intelligence-related companies known as 'MANGOS'. The acronym refers to Meta Platforms, Nvidia, Alphabet's Google, SpaceX, and two private firms, Anthropic and OpenAI. This move reflects growing investor interest in AI stocks following the recent $75 billion IPO by SpaceX.
Topics: AI stocks ETFs investment trends MANGOS