BB - Roundhill MEME ETF unveils itself and offers exposure to trending meme stocks

The Roundhill MEME ETF (NYSEARCA:MEME) has been unveiled and is trading today, catching an early morning bid jumping up 1.2%. MEME is designed to offer investors exposure to “meme stocks,” which have grown popular through social media on platforms such as Reddit, Twitter, Discord, and others. MEME has 25 holdings including stocks such as AMC Entertainment (NYSE:AMC).  MEME also has a stake in key names such as GameStop (NYSE:GME), Blackberry (NYSE:BB), and Advanced Micro Devices (NASDAQ:AMD). See a breakdown of MEME’s complete holdings. The fund intends to track the Solactive Roundhill Meme Stock Index, which covers U.S. listed equity securities that display a blend of elevated social media activity and high short interest. Because MEME names can be very volatile, the index will be rebalanced every two weeks to best capture trending stocks as they emerge. MEME also trades on the New York Stock Exchange and comes forward with a 0.69%

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Roundhill MEME ETF unveils itself and offers exposure to trending “meme stocks”