Roundhill N-100 0DTE Covered Call Strategy ETF (BATS:QDTE) Hits New 52-Week Low – Here’s Why

Roundhill N-100 0DTE Covered Call Strategy ETF (BATS:QDTE)’s stock price reached a new 52-week low during trading on Thursday. The stock traded as low as $26.27 and last traded at $26.0450, with a volume of 106,128 shares trading hands. The stock had previously closed at $27.27.

Roundhill N-100 0DTE Covered Call Strategy ETF Stock Down 6.3%

The firm’s 50 day simple moving average is $28.66 and its two-hundred day simple moving average is $29.57.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. International Assets Investment Management LLC boosted its stake in shares of Roundhill N-100 0DTE Covered Call Strategy ETF by 286.3% in the 3rd quarter. International Assets Investment Management LLC now owns 84,341 shares of the company’s stock worth $2,464,000 after buying an additional 62,509 shares during the last quarter. IFP Advisors Inc lifted its stake in shares of Roundhill N-100 0DTE Covered Call Strategy ETF by 6.7% during the 3rd quarter. IFP Advisors Inc now owns 5,903 shares of the company’s stock valued at $172,000 after buying an additional 373 shares in the last quarter. Mather Group LLC. bought a new position in shares of Roundhill N-100 0DTE Covered Call Strategy ETF in the third quarter valued at approximately $205,000. Envestnet Asset Management Inc. increased its position in shares of Roundhill N-100 0DTE Covered Call Strategy ETF by 11.2% in the second quarter. Envestnet Asset Management Inc. now owns 119,044 shares of the company’s stock worth $3,706,000 after purchasing an additional 11,980 shares during the last quarter. Finally, Allworth Financial LP increased its holdings in shares of Roundhill N-100 0DTE Covered Call Strategy ETF by 9.9% in the 2nd quarter. Allworth Financial LP now owns 5,062 shares of the company’s stock worth $158,000 after buying an additional 458 shares during the last quarter.

Roundhill N-100 0DTE Covered Call Strategy ETF Company Profile

The Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) 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 Nasdaq-100 Index. QDTE was launched on Mar 7, 2024 and is issued by Roundhill.