Roundhill Bitcoin Covered Call Strategy ETF (BATS:YBTC) Shares Up 1% – Here’s What Happened

Roundhill Bitcoin Covered Call Strategy ETF (BATS:YBTC) rose 1% on Friday . The stock traded as high as $17.88 and last traded at $17.77. Approximately 61,376 shares were traded during trading, a decline of 54% from the average daily volume of 133,375 shares. The stock had previously closed at $17.59.

Roundhill Bitcoin Covered Call Strategy ETF Stock Up 1.0%

The company has a 50 day moving average of $19.46 and a two-hundred day moving average of $22.43.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Belpointe Asset Management LLC bought a new position in Roundhill Bitcoin Covered Call Strategy ETF during the 4th quarter valued at approximately $4,785,000. Mezzasalma Advisors LLC bought a new stake in Roundhill Bitcoin Covered Call Strategy ETF in the fourth quarter worth $34,000. Brookwood Investment Group LLC purchased a new stake in shares of Roundhill Bitcoin Covered Call Strategy ETF in the fourth quarter worth $987,000. IMC Chicago LLC purchased a new stake in shares of Roundhill Bitcoin Covered Call Strategy ETF in the fourth quarter worth $863,000. Finally, Melia Wealth LLC increased its holdings in shares of Roundhill Bitcoin Covered Call Strategy ETF by 7.1% during the fourth quarter. Melia Wealth LLC now owns 415,210 shares of the company’s stock valued at $11,813,000 after acquiring an additional 27,489 shares in the last quarter.

About Roundhill Bitcoin Covered Call Strategy ETF

The Roundhill Bitcoin Covered Call Strategy ETF (YBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund seeks to provide current income and capped gains on ETFs holding Bitcoin futures through a synthetic covered call strategy, collateralized by US Treasurys and cash. The actively managed fund uses both standardized exchange-traded and FLEX options YBTC was launched on Jan 18, 2024 and is issued by Roundhill.