Should You Buy GameStop-Heavy ETFs on Meme Mania?

The world's largest video game retailer GameStop (GME) stock surged 74.4% on May 13, 2024 following the return of Keith Gill, also known as Roaring Kitty, to social media after a three-year absence. His reappearance on the platform X reignited excitement among retail investors as he initiated the meme stock rally during the pandemic.The stock GME has about 6.24% exposure to YieldMax Ultra Option Income Strategy ETF (ULTY) and 3.3% exposure to Amplify Video Game Tech ETF (GAMR) . The fund ULTY jumped about 5 ...