Reuters | December 16, 2018
Reuters contributor Chris Taylor features PAWZ among two new funds for those interested in investing in pet care industry. He says that Americans spent $69.5 billion on their pets in 2017 and are expected to spend over $72 billion in 2018. He quotes ProShares' Steve Cohen, who says "every pet owner knows how much they spend on their pets. It’s one of those growth stories where you hit yourself on the head and say, 'Of course!'" PAWZ follows an index "of the biggest players in the space" that stand to potentially benefit from the proliferation of pet ownership, and the emerging trends affect how we care for our pets. See PAWZ performance, holdings and index information.
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