PurePlay Nvidia Ecosystem Picks & Shovels Index ETF (NVPS)

The PurePlay Nvidia Ecosystem Picks & Shovels Index ETF (NVPS) is a passively managed thematic fund that tracks an index of companies supplying products and services to the ecosystem around NVIDIA Corporation.

Rather than concentrating on NVIDIA itself, the strategy targets the so-called picks-and-shovels businesses that support accelerated computing and artificial intelligence infrastructure, such as semiconductor manufacturing and equipment, memory, networking, power and cooling, and data center hardware suppliers. The fund holds the listed equities of these companies in line with its index methodology.