Plenty of well-known exchange traded funds can lay claim to being a “Warren Buffett ETF.” Looking at Berkshire Hathaway Inc. (NYSE: BRK-A)'s equity portfolio at the end of the first quarter, it is clear the Nebraska-based conglomerate has an affinity for financial services stocks.
Additionally, investors can choose among major consumer staples ETFs, including the Consumer Staples Select Sector SPDR (NYSE: XLP) and grab exposure to multiple Berkshire holdings. However, a brand new ETF focused on the new-fangled concept of mobile payments does not immediately come to mind as a “Buffett ETF.”
A Buffett ETF
A closer look at the newly minted PureFunds ISE Mobile Payments ETF (NYSE: IPAY) reveals that the first dedicated mobile payments ETF has some credibility as a Buffett fund. IPAY, which debuted last ...
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