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AMC Gets ‘Low Priced’ Tag in New ETF Hit by Indexing Quirk

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AMC Gets ‘Low Priced’ Tag in New ETF Hit by Indexing Quirk

(Bloomberg) — The biggest holding in Direxions new budget-stock fund is one of the most famously expensive shares in the country.
A quirk of indexing means AMC Entertainment Holdings — currently pricier than about 90% of S&P 500 members — has yet to…

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