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

Roundhill Memory ETF (BATS:DRAM) was the recipient of unusually large options trading activity on Thursday. Stock investors bought 321,402 call options on the stock. This represents an increase of 34% compared to the average volume of 240,381 call options.

Roundhill Memory ETF Stock Performance

Shares of BATS:DRAM traded up $2.13 on Thursday, reaching $56.93. 77,474,478 shares of the company traded hands, compared to its average volume of 47,446,688. The firm has a 50 day simple moving average of $60.71. Roundhill Memory ETF has a fifty-two week low of $26.14 and a fifty-two week high of $81.34.

Institutional Trading of Roundhill Memory ETF

A hedge fund recently bought a new position in Roundhill Memory ETF stock. Capital Square LLC bought a new position in shares of Roundhill Memory ETF (BATS:DRAM) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor 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.