Invesco Next Gen Media and Gaming ETF
GGME
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 3500 Lacey Road Downers Grove IL United States of America 60515
- IPO Date
- Jun 23, 2005
- CIK
- 0001209466
- Website
- invesco.com
- Similar Companies
- Business
- Invesco Next Gen Media and Gaming ETF (GGME) is an exchange-traded fund that seeks to track the performance of the STOXX World AC NexGen Media Index by normally investing at least 90% of its total assets in common stocks comprising the index; the index targets securities of companies with significant exposure to technologies or products contributing to future media through direct revenue, including entertainment platforms, semiconductors, gaming hardware, software applications, and interactive media services. Top holdings as of recent data include Apple Inc. (AAPL, approximately 8.4%), NVIDIA Corp. (NVDA, approximately 7.8-8.3%), Netflix Inc. (NFLX, approximately 8.0%), Meta Platforms Inc. (META, approximately 7.8-8.1%), QUALCOMM Inc. (QCOM, approximately 6.9%), Spotify Technology SA (SPOT), Adobe Inc. (ADBE), Advanced Micro Devices Inc. (AMD), ROBLOX Corp. (RBLX), and Nintendo Co. Ltd.; the fund holds around 87-92 positions across large-, mid-, and small-cap equities, with sector allocations emphasizing entertainment (approximately 33%), semiconductors and equipment (approximately 20%), technology hardware (approximately 13%), and software (approximately 13%). Launched on June 23, 2005, and listed on NYSE Arca, GGME is issued and managed by Invesco Capital Management LLC, with key portfolio managers including Peter Hubbard, Michael Jeanette, Pratik Doshi, and Tony Seisser; Invesco Ltd., headquartered in Atlanta, Georgia, serves as the parent organization overseeing a broad range of ETFs and investment products globally. In a major strategic shift announced in June 2023, the fund transitioned from tracking the Dynamic Media Intellidex Index to the STOXX World AC NexGen Media Index effective August 25, 2023, accompanied by a name change from Invesco Dynamic Media ETF (formerly ticker PBS in some references) to its current branding, ticker GGME, and expanded global focus on next-generation media and gaming; the index and fund rebalance quarterly on the second Friday of March, June, September, and December to reflect evolving sector dynamics. GGME operates with a net expense ratio of approximately 0.61-0.71%, assets under management around $153-162 million, and a dividend yield of about 0.22%, targeting investors seeking exposure to innovative media technologies across geographies; primary geographic allocations include the United States (approximately 75%), China (approximately 8%), Japan (approximately 6%), Sweden (approximately 6%), and others such as Australia, France, Switzerland, South Korea, Germany, and Poland.