The new Roundhill MEME ETF (NYSEAMERICAN:MEME) is live and with it comes an opportunity to invest in a wide variety of meme stocks.
According to the Roundhill MEME ETF website, it tracks the “25 equal-weighted U.S. listed equity securities that exhibit a combination of elevated social media activity and high short interest.” It’s also worth pointing out that many of the companies in this ETF are penny stocks. So handle with care.
Let’s jump into that list below to see the top 10 holdings in the Roundhill MEME ETF.
Roundhill MEME ETF Top 10 Holdings
- ContextLogic (NASDAQ:WISH) stock starts us off as the largest holding at 4.39%.
- Digital World Acquisition (NASDAQ:DWAC) shares are up next with a 4.36% holding.
- Upstart Holdings (NASDAQ:UPST) stock joins the list with a 4.34% weight.
- Draftkings (NASDAQ:DKNG) shares make the list with a 4.24% holding.
- SoFi Technologies (NASDAQ:SOFI) stock hits the halfway point with a 4.21% weight.
- Snap (NYSE:SNAP) is another meme stock in the ETF with a 4.14% holding.
- AMC Entertainment (NYSE:AMC) is a major meme stock and the ETF has a 4.11%% holding.
- Clover Health Investments (NASDAQ:CLOV) stock secures its spot on the list with a 4.11% weight.
- Teladoc Health (NYSE:TDOC) shares are next to last with a 4.09% holding.
- Tilray (NASDAQ:TLRY) stock finishes off the top 10 Roundhill MEME ETF holdings at 4.06%.
Investors looking for more stock market news will want to keep reading!
InvestorPlace has all the latest stock coverage that traders need to know about for Wednesday. That includes what’s happening with shares of Kellogg (NYSE:K), Nuvei (NASDAQ:NVEI), and Tesla (NASDAQ:TSLA) today. You can find all of that info at the following links!
More Wednesday Stock Market News
- Kellogg Strike Update: 9 Things for K Stock Investors to Know as the Union Feud Escalates
- NVEI Stock Alert: Nuvei Plunges 50% After Spruce Point Short Report
- TSLA Stock Price Prediction: Why (and When) One Analyst Sees Tesla Soaring to $1,580
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com’s writers disclose this fact and warn readers of the risks.
Read More: Penny Stocks — How to Profit Without Getting Scammed