Notable companies
The most notable companies in this group are Micron Technology (NASDAQ:MU), Seagate Technology Holdings PLC (NASDAQ:STX), Western Digital Corp (NASDAQ:WDC).
Industry description
The investment seeks to provide long-term growth.
The fund is an actively managed ETF that under normal circumstances seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in domestic and foreign, common and preferred stocks and American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”) of publicly listed companies that Tema ETFs LLC (the “Adviser”) determines are “Memory Companies.” It is non-diversified.
Market Cap
The average market capitalization across the Tema Memory ETF (DISK) ETF is 411.28B. The market cap for tickers in the group ranges from 3.22B to 1.19T. MU holds the highest valuation in this group at 1.19T. The lowest valued company is AEHR at 3.22B.
High and low price notable news
The average weekly price growth across all stocks in the Tema Memory ETF (DISK) ETF was -0%. For the same ETF, the average monthly price growth was 13%, and the average quarterly price growth was 152%. SKHY experienced the highest price growth at 7%, while STX experienced the biggest fall at -4%.
Volume
The average weekly volume growth across all stocks in the Tema Memory ETF (DISK) ETF was -2%. For the same stocks of the ETF, the average monthly volume growth was -37% and the average quarterly volume growth was -76%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 67
P/E Growth Rating: 46
Price Growth Rating: 25
SMR Rating: 29
Profit Risk Rating: 36
Seasonality Score: 13 (-100 ... +100)