The new Memory ETF KMEM debuted today, aiming to provide exposure to global memory chip companies.
BlockBeats News, July 1st, according to BIT (bit.com) market data, the Kurv Memory Select ETF (ticker: KMEM) officially started trading today. This ETF aims to provide investors with a more targeted exposure to the storage chip industry, focusing on leading global memory manufacturers.
The fund's holdings are mainly concentrated in core storage chip manufacturers, including SK Hynix accounting for approximately 41.53%, Micron Technology accounting for approximately 19.85%, Samsung Electronics accounting for approximately 18.81%, SanDisk accounting for 3.64%, Western Digital accounting for 3.4%, among others. By strategically allocating to industry leaders, this ETF strengthens its structural exposure to the storage chip cycle and demand growth.
KMEM is currently trading at $23.61, a 13.36% decrease from the listing opening price, with a trading volume of $2.417 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Mobia Medical director Casey M. Tansey acquires common shares worth $791,768
Long-term US Treasury yields surge above 5%! $31 trillion US Treasuries face historic sell-off; basis arbitrage window sparks a boom in “conversion option” trading
The ongoing sell-off in the U.S. government bond market has opened the door to a potentially lucrative trade that can profit from price discrepancies between derivatives and their underlying cash bonds.
Blackbaud director Anthony W. Boor files initial beneficial ownership statement
Crypto prices
More
