Travel ETF offers exposure to fast-growing industry

There are now more than 3,000 ETFs available in the U.S., according to Morningstar

Exchange-traded funds, or ETFs, are a pooled type of investment, which resembles a mutual fund that can offer an investor an opportunity to track a particular index or market sector.

For example, if someone is interested in investing in the travel sector, the ETFMG Travel Tech ETF is an ETF that tracks a portfolio of companies that are a subset of the global travel and tourism industry.