SilverOak Wealth Management LLC Makes New $829,000 Investment in Roundhill Memory ETF $DRAM

SilverOak Wealth Management LLC purchased a new position in Roundhill Memory ETF (BATS:DRAM) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 13,731 shares of the ETF’s stock, valued at approximately $829,000.

Several other hedge funds have also added to or reduced their stakes in DRAM. Bouchey Financial Group Ltd. bought a new position in shares of Roundhill Memory ETF in the second quarter worth approximately $34,615,000. CoreCap Advisors LLC bought a new stake in Roundhill Memory ETF during the 3rd quarter valued at $14,827,000. Halter Ferguson Financial Inc. purchased a new stake in Roundhill Memory ETF during the 3rd quarter valued at $13,473,000. Members Advisory Group LLC purchased a new stake in Roundhill Memory ETF during the 2nd quarter valued at $13,919,000. Finally, Light Street Capital Management LLC purchased a new stake in Roundhill Memory ETF during the 2nd quarter valued at $8,862,000.

Roundhill Memory ETF Stock Performance

Shares of DRAM stock opened at $48.01 on Monday. Roundhill Memory ETF has a fifty-two week low of $26.14 and a fifty-two week high of $81.34. The stock has a 50 day simple moving average of $55.97.

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.