Roundhill Video Games ETF (NASDAQ:NERD) Trading 2.7% Higher – Still a Buy?

Shares of Roundhill Video Games ETF (NASDAQ:NERD) rose 2.7% on Friday . The company traded as high as $23.00 and last traded at $22.96. 5,409 shares were traded during mid-day trading, an increase of 156% from the average session volume of 2,109 shares. The stock had previously closed at $22.36.

Roundhill Video Games ETF Stock Up 2.7%

The company has a market cap of $16.07 million, a PE ratio of 24.17 and a beta of 0.95. The stock’s 50 day moving average is $20.67 and its 200-day moving average is $21.05.

Institutional Trading of Roundhill Video Games ETF

A hedge fund recently bought a new stake in Roundhill Video Games ETF stock. Flow Traders U.S. LLC purchased a new stake in Roundhill Video Games ETF (NASDAQ:NERD) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 10,016 shares of the company’s stock, valued at approximately $267,000. Flow Traders U.S. LLC owned about 1.02% of Roundhill Video Games ETF at the end of the most recent quarter.

Roundhill Video Games ETF Company Profile

The Roundhill Video Games ETF (NERD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market cap-weighted index of globally listed equities of companies engaged in the video games and eSports industry. NERD was launched on Jun 4, 2019 and is issued by Roundhill.