U.S. Global Investors, Inc. (NASDAQ:GROW) is one of the Best Penny Asset Management Stocks to Buy Now. On August 8, U.S. Global Investors, Inc. (NASDAQ:GROW) announced that its shipping ETF called the US Global Sea to Sky Cargo ETF (SEA) is listed on the Mexican Stock Exchange.
After the listing, SEA is now the third US Global ETF available for Mexican investors, the other two are US Global Jets ETF and the US Global GO Gold and Precious Metal Miners ETF. The press release highlighted that the Mexican Stock Exchange is the second largest in Latin America and has a market capitalization of more than $530 billion. Moreover, CEO and CIO of U.S. Global Investors, Inc. (NASDAQ:GROW), Frank Holmes, noted that SEA is the first pure-play ETF for maritime shipping and air freight on BMV.
A portfolio manager intently studying financial data while making a strategic decision for a mutual fund.
U.S. Global Investors, Inc. (NASDAQ:GROW) is an investment advisory firm that offers mutual funds and exchange-traded funds (ETFs) to individual and institutional investors.
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Disclosure: None. This article is originally published at Insider Monkey.