Roundhill Memory ETF $DRAM Stock Sold by Wedbush Securities Inc.

Wedbush Securities Inc. lessened its position in shares of Roundhill Memory ETF (BATS:DRAM) by 37.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 24,319 shares of the ETF’s stock after selling 14,740 shares during the quarter. Wedbush Securities Inc.’s holdings in Roundhill Memory ETF were worth $1,468,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Bouchey Financial Group Ltd. acquired a new position in Roundhill Memory ETF during the second quarter worth approximately $34,615,000. CoreCap Advisors LLC purchased a new stake in Roundhill Memory ETF in the third quarter valued at approximately $14,827,000. Halter Ferguson Financial Inc. purchased a new stake in Roundhill Memory ETF in the third quarter valued at approximately $13,473,000. Members Advisory Group LLC purchased a new stake in Roundhill Memory ETF in the second quarter valued at approximately $13,919,000. Finally, Light Street Capital Management LLC acquired a new stake in shares of Roundhill Memory ETF in the second quarter valued at approximately $8,862,000.

Roundhill Memory ETF Price Performance

DRAM stock opened at $47.06 on Monday. Roundhill Memory ETF has a twelve month low of $26.14 and a twelve month high of $81.34. The company has a 50 day moving average price of $56.67.

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.