IPG Investment Advisors LLC Invests $2.02 Million in Roundhill Memory ETF $DRAM

IPG Investment Advisors LLC acquired a new stake in shares of Roundhill Memory ETF (BATS:DRAM) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 27,358 shares of the ETF’s stock, valued at approximately $2,020,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Members Advisory Group LLC purchased a new position in shares of Roundhill Memory ETF in the 2nd quarter worth about $13,919,000. Light Street Capital Management LLC bought a new position in Roundhill Memory ETF in the 2nd quarter worth approximately $8,862,000. FirstWave Capital Management LLC bought a new position in shares of Roundhill Memory ETF in the second quarter worth $3,682,000. Wedbush Securities Inc. purchased a new position in Roundhill Memory ETF during the 2nd quarter valued at about $2,758,000. Finally, SMART Wealth LLC purchased a new position in Roundhill Memory ETF during the second quarter valued at approximately $2,064,000.

Roundhill Memory ETF Stock Up 0.8%

DRAM opened at $61.58 on Thursday. Roundhill Memory ETF has a one year low of $26.14 and a one year high of $81.34. The firm’s fifty day moving average price is $56.18.

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.