Roundhill Memory ETF $DRAM Stock: Oak Grove Capital LLC Grows Stake

Oak Grove Capital LLC increased its holdings in Roundhill Memory ETF (BATS:DRAM) by 32.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 335,950 shares of the ETF’s stock after acquiring an additional 82,050 shares during the quarter. Roundhill Memory ETF makes up about 0.9% of Oak Grove Capital LLC’s investment portfolio, making the stock its 21st largest position. Oak Grove Capital LLC’s holdings in Roundhill Memory ETF were worth $20,278,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Comprehensive Financial Planning Inc. PA bought a new stake in shares of Roundhill Memory ETF in the 2nd quarter valued at about $27,000. IFP Advisors Inc purchased a new stake in shares of Roundhill Memory ETF in the 2nd quarter worth approximately $32,000. Strengthening Families & Communities LLC bought a new position in shares of Roundhill Memory ETF during the second quarter valued at approximately $70,000. Allworth Financial LP bought a new position in shares of Roundhill Memory ETF during the second quarter valued at approximately $165,000. Finally, Ameritas Advisory Services LLC purchased a new position in Roundhill Memory ETF during the second quarter valued at approximately $171,000.

Roundhill Memory ETF Stock Performance

Shares of DRAM stock opened at $57.19 on Friday. Roundhill Memory ETF has a 52-week low of $26.14 and a 52-week high of $81.34. The company’s 50 day simple moving average is $57.47.

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.