Roundhill Memory ETF $DRAM Shares Newly Acquired by Virginia Estate & Retirement Planning Advisors Inc.

Virginia Estate & Retirement Planning Advisors Inc. bought a new stake in Roundhill Memory ETF (BATS:DRAM) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 18,509 shares of the ETF’s stock, valued at approximately $1,119,000. Roundhill Memory ETF accounts for about 1.4% of Virginia Estate & Retirement Planning Advisors Inc.’s investment portfolio, making the stock its 15th largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SMART Wealth LLC acquired a new stake in shares of Roundhill Memory ETF during the 2nd quarter worth about $2,064,000. Waverly Advisors LLC purchased a new stake in shares of Roundhill Memory ETF during the second quarter worth about $908,000. Concurrent Investment Advisors LLC purchased a new stake in shares of Roundhill Memory ETF during the second quarter worth about $1,540,000. IPG Investment Advisors LLC purchased a new stake in shares of Roundhill Memory ETF during the second quarter worth about $2,020,000. Finally, Light Street Capital Management LLC acquired a new position in shares of Roundhill Memory ETF in the second quarter valued at approximately $8,862,000.

Roundhill Memory ETF Stock Down 3.4%

BATS:DRAM opened at $52.84 on Wednesday. The firm has a 50 day moving average price of $57.50. Roundhill Memory ETF has a 1-year low of $26.14 and a 1-year high of $81.34.

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.