Roundhill Memory ETF $DRAM Stock Acquired by Deltec Asset Management LLC

Deltec Asset Management LLC grew its stake in Roundhill Memory ETF (BATS:DRAM) by 96.0% during the third quarter, HoldingsChannel reports. The fund owned 29,400 shares of the ETF’s stock after acquiring an additional 14,400 shares during the quarter. Deltec Asset Management LLC’s holdings in Roundhill Memory ETF were worth $1,775,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Bouchey Financial Group Ltd. bought a new stake in Roundhill Memory ETF during the second quarter valued at about $34,615,000. Oak Grove Capital LLC grew its stake in Roundhill Memory ETF by 32.3% in the third quarter. Oak Grove Capital LLC now owns 335,950 shares of the ETF’s stock valued at $20,278,000 after purchasing an additional 82,050 shares during the last quarter. CoreCap Advisors LLC purchased a new position in Roundhill Memory ETF in the third quarter valued at about $14,827,000. Halter Ferguson Financial Inc. purchased a new position in Roundhill Memory ETF in the third quarter valued at about $13,473,000. Finally, Members Advisory Group LLC bought a new position in Roundhill Memory ETF in the second quarter worth about $13,919,000.

Roundhill Memory ETF Stock Up 2.7%

Shares of Roundhill Memory ETF stock opened at $48.33 on Tuesday. The business has a 50-day moving average price of $56.62. Roundhill Memory ETF has a one year low of $26.14 and a one year high of $81.34.

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.