522,322 Shares in Roundhill Memory ETF $DRAM Acquired by Linden Rose Investment LLC

Linden Rose Investment LLC bought a new stake in shares of Roundhill Memory ETF (BATS:DRAM) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 522,322 shares of the ETF’s stock, valued at approximately $31,527,000. Roundhill Memory ETF accounts for about 27.2% of Linden Rose Investment LLC’s portfolio, making the stock its 2nd biggest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in DRAM. Comprehensive Financial Planning Inc. PA acquired a new position in Roundhill Memory ETF during the 2nd quarter valued at approximately $27,000. IFP Advisors Inc acquired a new position in shares of Roundhill Memory ETF during the second quarter valued at $32,000. Root Financial Partners LLC acquired a new position in shares of Roundhill Memory ETF during the third quarter valued at $40,000. Heritage Family Offices LLP bought a new position in shares of Roundhill Memory ETF during the third quarter worth about $72,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Roundhill Memory ETF during the third quarter worth about $73,000.

Roundhill Memory ETF Trading Up 6.2%

BATS:DRAM traded up $2.28 during mid-day trading on Friday, hitting $39.29. The stock had a trading volume of 55,551,112 shares, compared to its average volume of 42,163,184. The company has a 50 day simple moving average of $54.65 and a 200-day simple moving average of $54.95. Roundhill Memory ETF has a 52 week low of $26.14 and a 52 week 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.