Roundhill Memory ETF $DRAM Stock Holdings Lowered by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. cut its holdings in shares of Roundhill Memory ETF (BATS:DRAM) by 70.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 31,567 shares of the ETF’s stock after selling 75,113 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Roundhill Memory ETF were worth $1,905,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Bouchey Financial Group Ltd. acquired a new position in Roundhill Memory ETF in the 2nd quarter worth about $34,615,000. Oak Grove Capital LLC increased its position in shares of 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 buying an additional 82,050 shares in the last quarter. CoreCap Advisors LLC purchased a new stake in shares of Roundhill Memory ETF in the third quarter valued at approximately $14,827,000. Halter Ferguson Financial Inc. purchased a new stake in shares of Roundhill Memory ETF in the third quarter valued at approximately $13,473,000. Finally, Members Advisory Group LLC purchased a new stake in shares of Roundhill Memory ETF in the second quarter valued at approximately $13,919,000.

Roundhill Memory ETF Stock Up 6.2%

Shares of DRAM stock opened at $39.29 on Friday. The stock has a 50 day simple moving average of $54.65 and a 200-day simple moving average of $54.95. Roundhill Memory ETF has a 1-year low of $26.14 and a 1-year high of $81.34.

Roundhill Memory ETF Profile

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.