Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) Shares Down 0.3% – Here’s Why

Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE)’s share price traded down 0.3% during trading on Thursday . The stock traded as low as $39.24 and last traded at $39.44. 165,134 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 275,952 shares. The stock had previously closed at $39.57.

Roundhill S&P 500 0DTE Covered Call Strategy ETF Price Performance

The company has a 50-day moving average price of $38.26 and a 200 day moving average price of $40.23. The firm has a market capitalization of $361.66 million, a PE ratio of 24.81 and a beta of 0.99.

Institutional Investors Weigh In On Roundhill S&P 500 0DTE Covered Call Strategy ETF

Several large investors have recently made changes to their positions in XDTE. Jane Street Group LLC bought a new position in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF during the second quarter valued at approximately $4,940,000. Osaic Holdings Inc. boosted its holdings in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 250.0% in the second quarter. Osaic Holdings Inc. now owns 700 shares of the company’s stock valued at $31,000 after purchasing an additional 500 shares during the period. TD Waterhouse Canada Inc. boosted its holdings in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 20.0% in the third quarter. TD Waterhouse Canada Inc. now owns 3,000 shares of the company’s stock valued at $133,000 after purchasing an additional 500 shares during the period. RFG Advisory LLC lifted its holdings in Roundhill S&P 500 0DTE Covered Call Strategy ETF by 84.9% during the third quarter. RFG Advisory LLC now owns 28,373 shares of the company’s stock worth $1,255,000 after buying an additional 13,032 shares during the period. Finally, PNC Financial Services Group Inc. purchased a new stake in Roundhill S&P 500 0DTE Covered Call Strategy ETF during the third quarter worth $248,000.

Roundhill S&P 500 0DTE Covered Call Strategy ETF Company Profile

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.