New ETF tracks US stocks that appeal most to retail investors

Core Viewpoint - Defiance ETFs and Futurum Equities have launched a new ETF targeting stocks that appeal to retail investors, reflecting the growing influence of this investor group in the U.S. stock market [1][8]. Group 1: ETF Details - The Defiance Retail Kings ETF (RKNG.O) will manage a portfolio of 30 to 50 stocks aimed at self-directed retail investors seeking high-growth and high-momentum opportunities [1][7]. - The ETF does not focus on meme stocks, which are known for their volatile trading patterns influenced by social media [2]. Group 2: Investment Focus - The ETF's initial portfolio includes companies such as Micron (MU.O), Palantir Technologies (PLTR.O), and Robinhood (HOOD.O), with a notable holding in Oklo (OKLO.N), which has seen a 170% increase in stock price over the past year due to rising demand for power linked to AI [4][3]. Group 3: Retail Investor Activity - Recent market activity highlights the increasing importance of retail investors, with $12.9 billion invested in U.S. stocks and funds in a single week, nearly double the 12-month average of $6.7 billion [5]. - On a particularly strong buying day, retail investors purchased $1.8 billion worth of stocks, marking the largest net purchases since October of the previous year [5].