Roundhill Memory ETF $DRAM Stock: SBI Securities Co. Ltd. Reduces Stake

SBI Securities Co. Ltd. reduced its stake in Roundhill Memory ETF (BATS:DRAM) by 10.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 176,774 shares of the ETF’s stock after selling 20,331 shares during the period. SBI Securities Co. Ltd.’s holdings in Roundhill Memory ETF were worth $10,670,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of DRAM. Comprehensive Financial Planning Inc. PA bought a new stake in shares of Roundhill Memory ETF during the second quarter valued at approximately $27,000. IFP Advisors Inc purchased a new stake in shares of Roundhill Memory ETF in the second quarter valued at approximately $32,000. Strengthening Families & Communities LLC purchased a new stake in shares of Roundhill Memory ETF in the second quarter valued at approximately $70,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in Roundhill Memory ETF in the third quarter worth approximately $73,000. Finally, Allworth Financial LP bought a new position in Roundhill Memory ETF in the second quarter worth approximately $165,000.

Roundhill Memory ETF Trading Down 7.1%

Shares of BATS:DRAM opened at $45.68 on Friday. The business has a 50 day moving average price of $56.88. Roundhill Memory ETF has a 52-week low of $26.14 and a 52-week high of $81.34.

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.