The MUSQ Global Music Industry ETF (NYSE:MUSQ) celebrates its one-year anniversary on the New York Stock Exchange, having surpassed $22 million in assets under management. The ETF tracks the MUSQ Global Music Industry Index (MUSQIX), offering investors diversified exposure to the global music ecosystem.
MUSQ ETF includes companies involved in music streaming, content and distribution, live events, radio, and music equipment and technology. Top holdings feature major players like Apple, Alphabet, and Sony Group. The fund is positioned to benefit from the projected growth of the global music industry, which Goldman Sachs estimates will reach $163.7 billion by 2030.
David Schulhof, Founder and CEO of MUSQ , attributes the ETF’s success to strong investor interest in the music industry’s growth potential and technological advancements.
Il MUSQ Global Music Industry ETF (NYSE:MUSQ) celebra il suo primo anniversario sul New York Stock Exchange, avendo superato 22 milioni di dollari in attivi gestiti. L’ETF traccia l’indice MUSQ Global Music Industry (MUSQIX), offrendo agli investitori un’esposizione diversificata all’ecosistema musicale globale.
Il MUSQ ETF include aziende coinvolte nello streaming musicale, nella creazione e distribuzione di contenuti, negli eventi dal vivo, nella radio e nella tecnologia e attrezzature musicali. Tra i principali investimenti ci sono attori di spicco come Apple, Alphabet e Sony Group. Il fondo è posizionato per trarre vantaggio dalla prevista crescita dell’industria musicale globale, che Goldman Sachs stima raggiungerà 163,7 miliardi di dollari entro il 2030.
David Schulhof, fondatore e CEO di MUSQ, attribuisce il successo dell’ETF al forte interesse degli investitori per il potenziale di crescita dell’industria musicale e ai progressi tecnologici.
El MUSQ Global Music Industry ETF (NYSE:MUSQ) celebra su primer aniversario en la Bolsa de Valores de Nueva York, habiendo superado 22 millones de dólares en activos bajo gestión. El ETF sigue el índice MUSQ Global Music Industry (MUSQIX), ofreciendo a los inversores una exposición diversificada al ecosistema musical global.
El ETF MUSQ incluye empresas involucradas en streaming musical, creación y distribución de contenido, eventos en vivo, radio y equipos y tecnología musical. Las principales participaciones incluyen actores importantes como Apple, Alphabet y Sony Group. El fondo está posicionado para beneficiarse del crecimiento proyectado de la industria musical global, que Goldman Sachs estima alcanzará 163,7 mil millones de dólares para 2030.
David Schulhof, fundador y CEO de MUSQ, atribuye el éxito del ETF al fuerte interés de los inversores en el potencial de crecimiento de la industria musical y los avances tecnológicos.
MUSQ Global Music Industry ETF (NYSE:MUSQ)가 뉴욕 증권 거래소에서 1주년을 맞이하며 2,200만 달러 이상의 운용 자산을 초과했습니다. 이 ETF는 MUSQ Global Music Industry Index (MUSQIX)를 추적하여 투자자에게 글로벌 음악 생태계에 대한 다양화된 노 exposure를 제공합니다.
MUSQ ETF에는 음악 스트리밍, 콘텐츠 및 배급, 라이브 이벤트, 라디오, 음악 장비 및 기술에 관련된 회사들이 포함됩니다. 주요 보유 주식에는 Apple, Alphabet 및 Sony Group과 같은 주요 플레이어가 포함되어 있습니다. 이 펀드는 골드만 삭스가 2030년까지 1,637억 달러에 이를 것으로 추정하는 글로벌 음악 산업의 성장으로부터 혜택을 받을 것으로 예상됩니다.
MUSQ의 설립자이자 CEO인 David Schulhof는 ETF의 성공을 음악 산업의 성장 잠재력에 대한 강한 투자자 관심과 기술 발전 덕분으로 돌립니다.
Le MUSQ Global Music Industry ETF (NYSE:MUSQ) célèbre son premier anniversaire sur la Bourse de New York, ayant dépassé 22 millions de dollars d’actifs sous gestion. L’ETF suit l’indice MUSQ Global Music Industry (MUSQIX), offrant aux investisseurs une exposition diversifiée à l’écosystème musical mondial.
Le MUSQ ETF comprend des entreprises impliquées dans le streaming musical, la création et la distribution de contenu, les événements en direct, la radio et les équipements et technologies musicales. Parmi les principales participations figurent de grands acteurs tels qu’Apple, Alphabet et Sony Group. Le fonds est bien positionné pour profiter de la croissance projetée de l’industrie musicale mondiale, que Goldman Sachs estime atteindre 163,7 milliards de dollars d’ici 2030.
David Schulhof, fondateur et PDG de MUSQ, attribue le succès de l’ETF à l’intérêt croissant des investisseurs pour le potentiel de croissance de l’industrie musicale et aux avancées technologiques.
Der MUSQ Global Music Industry ETF (NYSE:MUSQ) feiert sein einjähriges Bestehen an der New Yorker Börse und hat 22 Millionen Dollar an verwalteten Vermögen überschritten. Der ETF verfolgt den MUSQ Global Music Industry Index (MUSQIX) und bietet Investoren eine diversifizierte Exposition gegenüber dem globalen Musikökosystem.
Der MUSQ ETF umfasst Unternehmen, die im Bereich Musik-Streaming, Inhalt und Distribution, Live-Events, Radio sowie Musikgeräte und -technologien tätig sind. Zu den größten Beständen gehören bedeutende Akteure wie Apple, Alphabet und Sony Group. Der Fonds ist gut positioniert, um von dem prognostizierten Wachstum der globalen Musikindustrie zu profitieren, die Goldman Sachs bis 2030 auf 163,7 Milliarden Dollar schätzt.
David Schulhof, Gründer und CEO von MUSQ, führt den Erfolg des ETFs auf das starke Interesse der Investoren am Wachstumspotenzial der Musikindustrie und den technologischen Fortschritten zurück.
MUSQ Offers Investors a Front Row Seat to the Growing Music Industry
NEW YORK, NY / ACCESSWIRE / September 19, 2024 / MUSQ LLC, the company behind the MUSQ Global Music Industry ETF (NYSE:MUSQ), is pleased to celebrate the one-year anniversary of the fund’s debut on the New York Stock Exchange. Already surpassing $22 million in assets under management (AUM), the MUSQ ETF provides investors with diversified exposure to the global music ecosystem.
Tracking the MUSQ Global Music Industry Index (MUSQIX), the ETF includes publicly traded companies with core interests in music streaming, content and distribution, live events, satellite and broadcast radio, and music equipment and technology.
David Schulhof, Founder and CEO of MUSQ LLC, noted, “Reaching $22 million in AUM within our first year is testament to the strong investor interest in the music industry and the opportunities it offers. Through MUSQ ETF, investors can benefit as they gain exposure to the changes in how music is consumed and monetized, as well as the technological advancements shaping the industry.”
The global music industry is projected to grow at a double-digit pace, with Goldman Sachs predicting the industry’s revenue will reach $163.7 billion by 2030. In its first year, the MUSQ ETF has provided diversified*** exposure to key players driving this growth, including Spotify, Universal Music Group, and Live Nation Entertainment, among others. The ETF is also positioned to benefit from the resurgence of live music events and the rapid digitalization of the music industry.
As of September 12, 2024, MUSQ ETF’s top holdings include major companies such as Apple, Alphabet, and Sony Group, reflecting the broad scope of the ETF’s coverage across various sectors of the music industry.
ABOUT MUSQ LLC
MUSQ LLC is the mastermind behind the MUSQ Global Music Industry Index (MUSQIX), and the MUSQ Global Music Industry ETF (NYSE:MUSQ). MUSQ LLC’s founder and CEO, David Schulhof, is an experienced music investor and operator with more than 25 years of investing and operating public and private companies in the music and entertainment industry.
For more information, please contact info@musq.com
*For a complete list of MUSQ holdings and sector breakdown, please click here. Holdings subject to change.
** Source: Yang, Lisa, et al, Music in the Air, Goldman Sachs Equity Research, May 01, 2024
***Diversification does not ensure a profit or guarantee against a loss.
MUSQ Global Music Industry ETF is offered by prospectus. Carefully consider the investment objectives, risks, charges, and expenses. This and other important information can be found in the MUSQ ETF prospectus, which should be read carefully before investing and can be obtained by visiting https://musqetf.com or by calling 1-855- MUSQ-ETF(687-7383).
Risk Disclosures
There is no guarantee the Fund will achieve its stated objectives. In addition to the normal risks associated with investing, international investments may involve the risk of capital loss from unfavorable fluctuation in currency values, differences in generally accepted accounting principles or social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. In addition to the normal risks associated with investing, investments in small- or mid-capitalization companies typically exhibit higher volatility. The Fund’s concentration in an industry or sector can increase the impact of, and potential losses associated with, the risks from investing in those industries/sectors. The Fund is non-diversified.
The Fund is new and has a limited operating history for investors to evaluate. A new and smaller fund may not attract sufficient assets to achieve investment and trading efficiencies. The Fund may invest in securities denominated in foreign currencies. Because the Fund’s NAV is determined in U.S. dollars, the Fund’s NAV could decline if currencies of the underlying securities depreciate against the U.S. dollar or if there are delays or limits on repatriation of such currencies. Currency exchange rates can be very volatile and can change quickly and unpredictably. All investing involves risk, and asset allocation and diversification do not guarantee a profit or protection against a loss. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, might be worth more or less than their original cost. ETFs are subject to risks similar to those of stocks, as well as other risks specific to the particular ETF. ETF shares are traded on exchanges, and are traded and priced throughout the trading day. ETFs permit an investor to purchase a selling interest in a portfolio of stocks throughout the trading day. Because ETFs trade on an exchange, ETF shares are bought and sold at market price (not NAV). The prices of ETFs may sometimes vary significantly from the NAVs of a ETFs’ underlying securities. Brokerage commissions will reduce returns.
Exchange Traded Concepts, LLC serves as the investment advisor. The Funds are distributed by SEI Investments Distribution Co., which is not affiliated with Exchange Traded Concepts, LLC or any of its affiliates.
Contact:
Dave Gentry
RedChip Companies
1-407-644-4256
MUSQ@redchip.com
SOURCE: MUSQ LLC
View the original press release on accesswire.com
FAQ
What is the current AUM of MUSQ Global Music Industry ETF after one year?
The MUSQ Global Music Industry ETF (NYSE:MUSQ) has surpassed $22 million in assets under management (AUM) after its first year of trading on the New York Stock Exchange.
What index does the MUSQ ETF track?
The MUSQ Global Music Industry ETF tracks the MUSQ Global Music Industry Index (MUSQIX).
What sectors of the music industry does MUSQ ETF cover?
MUSQ ETF covers various sectors of the music industry, including music streaming, content and distribution, live events, satellite and broadcast radio, and music equipment and technology.
What is the projected growth of the global music industry according to Goldman Sachs?
Goldman Sachs predicts that the global music industry’s revenue will reach $163.7 billion by 2030.
Who are some of the top holdings in the MUSQ ETF as of September 12, 2024?
As of September 12, 2024, some of the top holdings in the MUSQ ETF include Apple, Alphabet, and Sony Group.