New technologies, such as virtual and augmented reality, have enhanced gaming experiences and contributed to this recent growth. In addition, the video gaming world has seen the rise in a modern video gaming sport called eSports, where thousands of people gather across the world to watch professional video gamers battle it out.
“This rising tide should be able to support growth for multiple publishers, even if in the short-term crowded periods such as [this year’s fourth quarter]create some relative winners and losers,” according to the JPMorgan note cited by Barron’s.
GAMR is down more than 13% in the current quarter.
For more news on technology ETFs, visit our tech category.