Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Shares Up 1% – Should You Buy?

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM)’s stock price shot up 1% on Wednesday . The company traded as high as $31.72 and last traded at $31.59. Approximately 32,622 shares were traded during mid-day trading, an increase of 28% from the average daily volume of 25,565 shares. The stock had previously closed at $31.29.

Roundhill GLP-1 & Weight Loss ETF Stock Up 1.4%

The stock has a fifty day moving average of $31.07 and a 200-day moving average of $32.86. The firm has a market capitalization of $52.87 million, a P/E ratio of 22.34 and a beta of 0.43.

Hedge Funds Weigh In On Roundhill GLP-1 & Weight Loss ETF

Institutional investors have recently modified their holdings of the stock. Osaic Holdings Inc. grew its stake in shares of Roundhill GLP-1 & Weight Loss ETF by 205.7% during the second quarter. Osaic Holdings Inc. now owns 1,397 shares of the company’s stock valued at $35,000 after purchasing an additional 940 shares during the last quarter. Kestra Advisory Services LLC bought a new position in Roundhill GLP-1 & Weight Loss ETF in the 4th quarter worth approximately $68,000. Jane Street Group LLC raised its position in Roundhill GLP-1 & Weight Loss ETF by 13.2% in the 1st quarter. Jane Street Group LLC now owns 73,545 shares of the company’s stock worth $1,740,000 after purchasing an additional 8,579 shares during the last quarter. Finally, National Bank of Canada FI lifted its holdings in Roundhill GLP-1 & Weight Loss ETF by 6.1% during the 3rd quarter. National Bank of Canada FI now owns 84,152 shares of the company’s stock worth $2,293,000 after buying an additional 4,808 shares in the last quarter.

Roundhill GLP-1 & Weight Loss ETF Company Profile

The Roundhill GLP-1 & Weight Loss ETF (OZEM) is an exchange-traded fund that mostly invests in health care equity. The fund is an actively managed fund that invests in companies from around the world involved in pharmaceutical drugs and supplements used for weight management. OZEM was launched on May 21, 2024 and is issued by Roundhill.