Tuttle Capital Meme Stock Income Blast ETF (MEMY) Stock Price, Quote, News & History | Benzinga

The Fund is an actively managed exchange-traded fund (ETF) that invests at least 80% of its net assets (plus any borrowings for investment purposes) in select securities that the Adviser characterizes as Meme Stocks. A Meme Stock is a stock that gains popularity among retail investors through social media. The popularity of Meme Stocks is generally based on internet memes shared among traders, on platforms such as Reddits r / wallstreetbets. Investors in such stocks are often young and inexperienced investors. As a result of their popularity, Meme Stocks often trade at prices that are above their estimated value as based on fundamental analysis and are known for being extremely speculative and volatile.