5 Best-Performing Stocks Of The Top ETF Of February

The ETF recently hit the billion-dollar AUM mark. It now has $1.2 billion in its asset base and trades in average daily volume of 952,000 shares. The fund has an expense ratio of 0.71%.

Though most of the stocks in the fund’s portfolio delivered strong returns, a few have gained more than 30% in February. This is because BLOK portfolio includes many new small and midcap companies that are directly involved with blockchain technology having gone public in the past few years and thus has strong growth potential.

Below we have highlighted the five best-performing stocks in the ETF with their respective positions in the fund’s basket:

Best-Performing Stocks of BLOK

Canaan Inc. Sponsored ADR: (CANThis Canada-based company provides specialty software. The company develops supercomputing chips for digital blockchain computing equipment, as well as supplies computer software and hardware products. The stock occupies the fifth position in the fund’s basket with 4.6% allocation. It has gained about 194.4% in a month.

Riot Blockchain Inc. (RIOT - Free Report): This Colorado-based company is focused on building, supporting, and operating Blockchain technologies ecosystem. It is involved in digital currency mining operation, which utilizes specialized computers that generate digital currency primarily bitcoin. It has gained 103.6% in a month. The stock takes the seventh spot in BLOK at 3.7% share. It has a Zacks Rank #2 (Buy) and a Momentum Score of A.

Opera Limited Sponsored ADR (OPRA - Free Report): This Norway-based company provides mobile and PC web browsers. It makes up for 1.3% allocation in the fund basket. Opera has also delivered incredible returns of about 44% in a month. The stock has a Zacks Rank #3 (Hold) and a Momentum Score of B.

Marathon Patent Group Inc. (MARA - Free Report): This is a patent and patent rights acquisition and licensing company based in Virginia. The stock takes the eighth spot in the fund’s basket with 3.4% of the assets. It has gained 32.6% in a month. HEXO has a Zacks Rank #3 and a Momentum Score of A.

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Disclosure: Zacks.com contains statements and statistics that have been obtained from sources believed to be reliable but are not guaranteed as to accuracy or completeness. References to any ...

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