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2021-09-08
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GameStop, AMC and a new meme ETF?
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Due to the quiet period, Roundhill told FOX Business it is restricted from commenting until the fund is live on Nov. 21, 2021, pending SEC approval.</p>\n<p>AMC, which is among the more high-profile meme names, has seen its shares rise over 2,156% this year, often experiencing volatile sessions.</p>\n<p><img src=\"https://static.tigerbbs.com/76a3a1b6998abdd1801502eab9c37ad6\" tg-width=\"720\" tg-height=\"405\" referrerpolicy=\"no-referrer\">And the list of meme stocks has grown to include lesser-known names, such as Clover and Support.com.</p>\n<p>Still, the idea of an ETF connecting to these heavily traded retail investor favorites is not new.</p>\n<p><img src=\"https://static.tigerbbs.com/3529e30295c575bac577cb4c7b857e07\" tg-width=\"731\" tg-height=\"106\" referrerpolicy=\"no-referrer\">Earlier this year, Buzz Holdings Founder Jamie Wise, with the help of Barstool Sports' Dave Portnoy, launched the VanEck Social Sentiment BUZZ ETF, which usesartificial intelligence to track the top 75 large-cap stocks each month based on positivesocial media chatter. The fund holds stocks with market capitalizations of over $5 billion.</p>\n<p><img src=\"https://static.tigerbbs.com/ae52a71afcbff645d0973df3e650b6ce\" tg-width=\"733\" tg-height=\"158\" referrerpolicy=\"no-referrer\"></p>\n<p>Along with AMC and GameStop, its largest holdingsinclude Nvidia and Palantir Technologies, according to the company.</p>\n<p><img src=\"https://static.tigerbbs.com/0806e5df1cba478bfaef572d7a8c8117\" tg-width=\"731\" tg-height=\"105\" referrerpolicy=\"no-referrer\">The fund has gained 5.7% since its launch, underperforming the S&P 500’s 17.7% rise over the same time frame.</p>","source":"lsy1602566126337","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop, AMC and a new meme ETF?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop, AMC and a new meme ETF?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 19:42 GMT+8 <a href=https://www.foxbusiness.com/markets/gamestop-amc-new-meme-etf><strong>FOX Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GameStop shares have gained 956% in '21 with earnings on tap Wednesday.\n\nGameStopand AMC are loved by retail investors and the Reddit trading community, and now theexchange-traded fund industrywants ...</p>\n\n<a href=\"https://www.foxbusiness.com/markets/gamestop-amc-new-meme-etf\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","AMC":"AMC院线"},"source_url":"https://www.foxbusiness.com/markets/gamestop-amc-new-meme-etf","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165256575","content_text":"GameStop shares have gained 956% in '21 with earnings on tap Wednesday.\n\nGameStopand AMC are loved by retail investors and the Reddit trading community, and now theexchange-traded fund industrywants in on the action.\nAn application forThe Roundhill Meme ETF is sitting with the Securities and Exchange Commission after being filed late last month and aims to track the performance of the so-called \"meme stocks.\"\nThe passive managed fund, according to the filing, notes that at least 80% of the fund’s assets will be invested in meme stocks defined as such in the filing:\n\nMeme stocks are equity securities, including American depositary receipts\nExhibit a combination of elevated social media activity (i.e., the number of times a company or its ticker is mentioned on specific social media platforms)\nHigh short interest (i.e., the number of an issuer’s shares that have been sold short but which have not yet been covered or closed out), both of which are indicators of market sentiment\n\nSource: SEC Filing\nRoundhill is a \"registered investment adviser and ETF sponsor focused on thematic and sector-specific investing,\" according to the firm. Due to the quiet period, Roundhill told FOX Business it is restricted from commenting until the fund is live on Nov. 21, 2021, pending SEC approval.\nAMC, which is among the more high-profile meme names, has seen its shares rise over 2,156% this year, often experiencing volatile sessions.\nAnd the list of meme stocks has grown to include lesser-known names, such as Clover and Support.com.\nStill, the idea of an ETF connecting to these heavily traded retail investor favorites is not new.\nEarlier this year, Buzz Holdings Founder Jamie Wise, with the help of Barstool Sports' Dave Portnoy, launched the VanEck Social Sentiment BUZZ ETF, which usesartificial intelligence to track the top 75 large-cap stocks each month based on positivesocial media chatter. The fund holds stocks with market capitalizations of over $5 billion.\n\nAlong with AMC and GameStop, its largest holdingsinclude Nvidia and Palantir Technologies, according to the company.\nThe fund has gained 5.7% since its launch, underperforming the S&P 500’s 17.7% rise over the same time frame.","news_type":1},"isVote":1,"tweetType":1,"viewCount":137,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":16,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/889912177"}
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