Roundhill Memory ETF Target of Unusually Large Options Trading (BATS:DRAM)

Roundhill Memory ETF (BATS:DRAM) saw unusually large options trading on Thursday. Investors bought 321,402 call options on the company. This represents an increase of approximately 34% compared to the average daily volume of 240,381 call options.

Roundhill Memory ETF Price Performance

Roundhill Memory ETF stock traded up $2.13 during mid-day trading on Thursday, hitting $56.93. 77,474,478 shares of the company were exchanged, compared to its average volume of 47,446,688. Roundhill Memory ETF has a 1-year low of $26.14 and a 1-year high of $81.34. The business has a fifty day moving average of $60.71.

Hedge Funds Weigh In On Roundhill Memory ETF

An institutional investor recently bought a new stake in Roundhill Memory ETF stock. Capital Square LLC bought a new position in shares of Roundhill Memory ETF (BATS:DRAM) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 43,323 shares of the ETF’s stock, valued at approximately $1,111,000.

Roundhill Memory ETF (BATS: DRAM) is an exchange-traded fund offered by Roundhill Investments that provides targeted exposure to the memory semiconductor industry. Listed on the Cboe BZX Exchange under the ticker DRAM, the fund is intended to give investors access to companies whose primary business activities are connected to memory chips and related technologies.

The fund focuses on firms operating across the memory semiconductor supply chain, including companies involved in design and development of DRAM and NAND memory, wafer fabrication, packaging and testing, and the manufacture of semiconductor capital equipment and materials.