Principle Wealth Partners LLC Acquires New Shares in Roundhill Memory ETF $DRAM

Principle Wealth Partners LLC acquired a new stake in Roundhill Memory ETF (BATS:DRAM – Free Report) in the third quarter, Holdings Channel.com reports. The firm acquired 56,674 shares of the ETF’s stock, valued at approximately $3,421,000.

Other hedge funds have also bought and sold shares of the company. Inscription Capital LLC bought a new stake in Roundhill Memory ETF during the 3rd quarter valued at $211,000. Commonwealth Equity Services LLC bought a new position in shares of Roundhill Memory ETF in the third quarter worth $11,700,000. Compass Financial Management LLC boosted its holdings in shares of Roundhill Memory ETF by 2,425.5% in the third quarter. Compass Financial Management LLC now owns 1,389 shares of the ETF’s stock worth $84,000 after acquiring an additional 1,334 shares during the period. SMH Capital Advisors Inc. bought a new position in shares of Roundhill Memory ETF in the third quarter worth $550,000. Finally, SilverOak Wealth Management LLC purchased a new position in shares of Roundhill Memory ETF in the third quarter valued at $829,000.

Roundhill Memory ETF Trading Down 18.0%

Shares of BATS DRAM opened at $37.01 on Friday. 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 fifty day moving average of $55.00 and a 200-day moving average of $55.06.

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.

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Institutional Ownership by Quarter for Roundhill Memory ETF (BATS:DRAM)

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