Still undiscovered by some U.S. investors, Israel is home to one of the world's most advanced technology sectors and one of the most vibrant start-up scenes. In recent years, Israeli tech start-ups have been attractive takeover targets while larger, more mature Israeli tech firms now populate an array of popular U.S.-listed ETFs.
Investors now have a new avenue for tapping into the Israeli tech boom with the BlueStar TA-BIGITech Israel Technology ETF (NASDAQ: ITEQ), which debuted Tuesday. The new ETF is the first dedicated exclusively to Israeli tech stocks and tracks the “TASE-BlueStar Israel Global Technology Index (TA-BIGITech), the first and only benchmark following a broad, deep and complete range of major Israeli tech companies listed on five exchanges worldwide (TASE, NASDAQ, NYSE, London Stock Exchange and the Singapore Exchange),” according to a statement.
/www.benzinga.com/trading-ideas/long-ideas/15/11/5958328/new-etf-targets-israels-start-up-nation-theme alt=New ETF Targets Israel's Start-Up Nation Theme>Full story available on Benzinga.com
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