The new memory ETF, KMEM, will be listed today, aiming to provide exposure to global storage chip companies.
BlockBeats news, on July 1, according to BIT (bit.com) market data, Kurv Memory Select ETF (trading code: KMEM) officially began trading today. This ETF aims to provide investors with a more targeted exposure to the storage chip industry, focusing on leading global companies dominating memory production.
The fund's main holdings are concentrated among core manufacturers of storage chips, including SK Hynix at approximately 41.53%, Micron at around 19.85%, Samsung Electronics at about 18.81%, SanDisk at 3.64%, and Western Digital at 3.4%. By allocating primarily to industry leaders, the ETF strengthens its structural exposure to the memory chip cycle and demand growth.
KMEM is currently quoted at $23.61, down 13.36% from its opening price at listing, 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.
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