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IPOX Breaking News: IPOX 100 U.S. bucks market weakness as TripAdvisor/Semiconductor makers surge !!!

IPOX notes big relative strength in the USD trillion 1.4 IPOX 100 U.S. Index (IPXO) today, as corporate actions drove big gains in travel website operator TripAdvisor (TRIP US: +25.54%) and select semiconductor makers.

Based on the IPOX Indexes technology, the IPOX 100 U.S. (IPXO) pools some of the largest and most liquid U.S. IPOs and Spin-offs offered during the past four years into a separately tradable equity sector, providing diversified access to the “going public” effect in the respective firms once traded on the stock market.

The IPOX U.S. 100 (IPXO) serves as the basis for the USDm 780, 5-star First Trust IPOX 100 ETF (ticker: FPX), an exchange traded fund listed on the NYSE since April 2006.

The IPOX Team

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