Tuttle Capital Concentrated Memory Stack ETF (HBMX)

The Tuttle Capital Concentrated Memory Stack ETF (HBMX) is a thematic equity fund sponsored by Tuttle Capital Management.

The fund holds a concentrated portfolio of companies involved in the computer memory supply chain, which can include makers of DRAM, high-bandwidth memory and NAND flash, along with firms that supply equipment, materials and packaging technology for memory production. Demand for such components has been closely tied to artificial intelligence and data center computing.

Because the portfolio is concentrated in a narrow segment of the semiconductor industry, it holds a relatively small number of stocks. Details of its methodology should be confirmed in the prospectus.