ETFs to Provide Exposure to New Snapchat IPO

Snap Inc (NYSE: SNAP), the social media company behind the popular Snapchat app, just released its initial public offering to much fanfare, and an exchange traded fund is already snapping up the opportunity. The First Trust US Equity Opportunities ETF (NYSEArca: FPX), which was previously expected to include SNAP in its upcoming quarterly rebalance on…Click to read more at ETFtrends.com.