Roundhill Cannabis ETF (BATS:WEED) Shares Down 6.5% – Here’s What Happened

Shares of Roundhill Cannabis ETF (BATS:WEEDGet Free Report) traded down 6.5% on Friday . The stock traded as low as $13.59 and last traded at $12.70. 4,509 shares traded hands during trading, The stock had previously closed at $13.59.

Roundhill Cannabis ETF Stock Performance

The company’s 50 day simple moving average is $14.86 and its two-hundred day simple moving average is $21.35.

Roundhill Cannabis ETF Company Profile

(Get Free Report)

The Roundhill Cannabis ETF (WEED) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of equities and total return swaps that provide exposure to the global cannabis and hemp ecosystem. WEED was launched on Apr 20, 2022 and is managed by Roundhill.

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