While the five largest U.S. publicly traded companies may refer to themselves as "tech" companies, they're not technically "tech" stocks, which makes finding the right funds to invest in them challenging.
In this week's fund news, EQM Capital introduces new ETF model portfolios; IndexIQ's new thematic ETFs to benefit nonprofits; veteran hedge fund manager converts fund to mutual fund; and Valkyrie's bitcoin futures ETF starts trading.
IndexIQ is launching three new thematic ETFs geared toward socially-conscious investors, each partnering with a nonprofit, donating 10% of its management fee to the cause.