Roundhill, a U.S. ETF manager, made a notable portfolio adjustment this week in its DRAM-themed fund. In addition to adding CXMT, or ChangXin Memory Technologies, with a 2.52% weighting, the fund also cut its Samsung Electronics position. From Monday through Wednesday, Roundhill sold about 1 million Samsung shares per day, for a total of 3 million shares over three sessions, worth roughly $432 million. Despite the reduction, Samsung Electronics remains the fund’s largest holding. The fund’s top three positions are now Samsung Electronics, Micron Technology, and SK hynix, with weights of 26.39%, 24.54%, and 22.77%, respectively. Other major holdings listed in the portfolio include Seagate Technology, Western Digital, SanDisk, Kioxia, Nanya Technology, and GigaDevice.
Roundhill, a U.S. ETF manager, carried out a major rebalance this week in its DRAM-themed fund, according to BlockBeats on Aug. 2.
Besides the previously reported addition of CXMT, or ChangXin Memory Technologies, at a 2.52% portfolio weight, Roundhill also reduced its position in Samsung Electronics. The fund sold about 1 million Samsung shares per day from Monday to Wednesday, bringing total sales over the three-day period to 3 million shares, worth about $432 million.
The Roundhill DRAM fund’s top three holdings are currently Samsung Electronics, Micron Technology, and SK hynix, with portfolio weights of 26.39%, 24.54%, and 22.77%, respectively.
Other major holdings include Seagate Technology, Western Digital, SanDisk, Kioxia, Nanya Technology, and GigaDevice.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
