Roundhill Video Games ETF (NASDAQ:NERD) Stock Price Up 0.7% – Time to Buy?

Roundhill Video Games ETF (NASDAQ:NERD)’s stock price shot up 0.7% on Friday . The company traded as high as $19.95 and last traded at $19.94. Approximately 2,236 shares changed hands during trading, an increase of 4% from the average daily volume of 2,152 shares. The stock had previously closed at $19.80.

Roundhill Video Games ETF Price Performance

The firm’s 50 day moving average price is $20.25 and its two-hundred day moving average price is $21.30. The stock has a market cap of $13.96 million, a PE ratio of 24.17 and a beta of 0.94.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Roundhill Video Games ETF stock. Flow Traders U.S. LLC bought a new stake in shares of Roundhill Video Games ETF (NASDAQ:NERD) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 10,016 shares of the company’s stock, valued at approximately $267,000. Flow Traders U.S. LLC owned 1.02% of Roundhill Video Games ETF at the end of the most recent reporting period.

About Roundhill Video Games ETF

The Roundhill Video Games ETF (NERD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market cap-weighted index of globally listed equities of companies engaged in the video games and eSports industry. NERD was launched on Jun 4, 2019 and is issued by Roundhill.