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371460

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1d
1w
1m

Analysis and statistics

  • Open
    10052.5958$
  • Previous Close
    10021.546$
  • 52 Week Change
    --
  • Day Range
    31.05$
  • 52 Week High/Low
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  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

The ETF with financial product symbol 371460.KO refers to the TIGER US S&P500 ETF, which is managed by Mirae Asset Global Investments in South Korea. This ETF aims to replicate the performance of the S&P 500 Index by investing in a portfolio of stocks that mirrors the index's composition. It provides Korean investors with a way to gain exposure to the broad US equity market through a single investment vehicle traded on the Korea Exchange (KRX).

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Factors

Constituent Stock Prices: The primary driver of 371460.KO's price is the aggregate value of its underlying holdings. When the prices of the stocks within the ETF's portfolio rise, the ETF's price generally increases, and vice versa.

Supply and Demand: Market dynamics play a crucial role. Higher demand for 371460.KO shares relative to supply pushes the price upward. Conversely, increased selling pressure can lead to price declines.

Index Tracking: 371460.KO aims to mirror the performance of its benchmark index. Deviations between the ETF's price and its Net Asset Value (NAV) can occur, but market makers and arbitrageurs work to minimize these discrepancies, keeping the price aligned with the underlying index.

Investor Sentiment: Broad market sentiment and investor confidence can impact ETF prices. Positive sentiment encourages investment, driving prices up, while negative sentiment can trigger sell-offs and price drops.

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