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298770

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    29302.9921$
  • Previous Close
    29178.8924$
  • 52 Week Change
    --
  • Day Range
    124.10$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

The financial product symbol 298770.KO refers to the TIGER US S&P 500 ETF, an Exchange Traded Fund listed on the Korea Exchange (KRX). This ETF aims to track the performance of the S&P 500 index, which represents the 500 largest publicly traded companies in the United States. It allows Korean investors to gain exposure to the U.S. stock market through a convenient and diversified investment vehicle. The ETF is managed by Mirae Asset Global Investments Co., Ltd.
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Factors

Underlying Asset Performance: The performance of the assets (stocks, bonds, etc.) held within the 298770.KO ETF directly impacts its price. Positive asset performance typically increases the ETF's price.

Supply and Demand: Market demand for the ETF versus the available supply significantly affects its price. Higher demand often leads to a price increase.

Market Sentiment: Overall investor sentiment towards the Korean market and specific sectors represented in the ETF can drive price fluctuations.

Economic Conditions: Macroeconomic factors like interest rates, inflation, and GDP growth in Korea influence investor confidence and, subsequently, the ETF's price.

Currency Exchange Rates: Fluctuations in the exchange rate between the Korean Won and other currencies, especially the US dollar, can affect the ETF's value for international investors.

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