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Term of the Day
stock ETF
stock dividend
stock exchange
Definition
An exchange-traded
fund
that
invests
in a group of
companies
in a specific
sector
, such as energy or
services
. Similar to individual
stock certificates
, these
funds
have
price
adjustments
throughout the
trading
period
. A
stock
ETF
can
track
indices
as well as
company
stock.
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