'Buyer beware' this investing fad, says the issuer of the soaring IPO ETF $IPO $IPOS (via ETFEdgeCNBC)
have put it in the "sweet spot" of investors' appetite for growth, and the rest of 2020 should see that continue, Smith said.
"To see what the rest of the year is, take one look at what's happened so far this year after the market basically shut down in March," she said. "Year to date, we're ahead of last year after that shutdown. And, in fact, ... this August is going to finish up with more capital raised, I think, than any August on the record books. So, we're seeing an amazing turnaround, an amazing amount of issuance in the regular IPO market.
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