Proficio Capital Partners LLC Purchases New Holdings in Roundhill Meme Stock ETF $MEME

Proficio Capital Partners LLC acquired a new position in shares of Roundhill Meme Stock ETF (NYSEARCA:MEME) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 196,865 shares of the company’s stock, valued at approximately $8,735,000. Proficio Capital Partners LLC owned about 0.11% of Roundhill Meme Stock ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of MEME. Montanova Capital LLC bought a new position in shares of Roundhill Meme Stock ETF during the second quarter valued at approximately $26,755,000. Goldman Sachs Group Inc. bought a new stake in shares of Roundhill Meme Stock ETF in the 4th quarter worth approximately $757,000. Simplex Trading LLC bought a new stake in shares of Roundhill Meme Stock ETF in the 4th quarter worth approximately $60,000. Group One Trading LLC purchased a new stake in shares of Roundhill Meme Stock ETF in the 4th quarter worth approximately $39,000. Finally, Nwam LLC purchased a new stake in shares of Roundhill Meme Stock ETF in the 2nd quarter worth approximately $163,000. Hedge funds and other institutional investors own 29.90% of the company’s stock.

Roundhill Meme Stock ETF Stock Up 1.7%

MEME stock opened at $7.72 on Tuesday. The business has a 50 day moving average of $7.98 and a 200 day moving average of $8.21. The firm has a market cap of $13.66 million, a PE ratio of -163.35 and a beta of -8.01. Roundhill Meme Stock ETF has a twelve month low of $5.33 and a twelve month high of $11.91.

Roundhill Meme Stock ETF Company Profile

The Roundhill MEME ETF (MEME) is an exchange-traded fund that is based on the Solactive Roundhill Meme Stock index. The fund tracks an equal-weighted index of 25 US-listed stocks selected baesd on a high social media activity score and high short interest percentage. MEME was launched on Dec 8, 2021 and is managed by Roundhill.