Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) Stock Price Down 1% – Here’s Why

Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE – Get Free Report)’s stock price was down 1% during mid-day trading on Wednesday. The company traded as low as $38.18 and last traded at $38.31. Approximately 145,792 shares were traded during trading, a decline of 33% from the average session volume of 218,608 shares. The stock had previously closed at $38.70.

Roundhill S&P 500 0DTE Covered Call Strategy ETF Stock Down 1.0%

The business’s 50-day moving average price is $38.70 and its 200 day moving average price is $38.79. The company has a market capitalization of $346.63 million, a P/E ratio of 24.81 and a beta of 0.99.

Hedge Funds Weigh In On Roundhill S&P 500 0DTE Covered Call Strategy ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in XDTE. Proficio Capital Partners LLC raised its holdings in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 26.7% in the 2nd quarter. Proficio Capital Partners LLC now owns 183,165 shares of the company’s stock valued at $7,158,000 after acquiring an additional 38,550 shares in the last quarter. Mather Group LLC. bought a new stake in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF during the 3rd quarter valued at about $1,011,000. Citadel Advisors LLC purchased a new position in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF during the second quarter worth about $320,000. RFG Advisory LLC grew its holdings in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 2.4% during the second quarter. RFG Advisory LLC now owns 31,951 shares of the company’s stock worth $1,249,000 after purchasing an additional 750 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 8.1% during the first quarter. Cetera Investment Advisers now owns 15,729 shares of the company’s stock worth $578,000 after purchasing an additional 1,180 shares in the last quarter.

About Roundhill S&P 500 0DTE Covered Call Strategy ETF

(Get Free Report)

The Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide a high weekly distribution to shareholders through actively managed synthetic covered call strategy, while also providing limited exposure to the price return of the S&P 500 Index. XDTE was launched on Mar 7, 2024 and is issued by Roundhill.

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