Linden Rose Investment LLC Makes New $31.53 Million Investment in Roundhill Memory ETF $DRAM

Linden Rose Investment LLC acquired a new position in shares of Roundhill Memory ETF (BATS:DRAM) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 522,322 shares of the ETF’s stock, valued at approximately $31,527,000. Roundhill Memory ETF makes up 27.2% of Linden Rose Investment LLC’s portfolio, making the stock its 2nd largest holding.

Other institutional investors have also modified their holdings of the company. Bouchey Financial Group Ltd. acquired a new position in Roundhill Memory ETF in the second quarter worth about $34,615,000. Oak Grove Capital LLC lifted its holdings in Roundhill Memory ETF by 32.3% during the 3rd quarter. Oak Grove Capital LLC now owns 335,950 shares of the ETF’s stock worth $20,278,000 after buying an additional 82,050 shares during the last quarter. CoreCap Advisors LLC bought a new position in Roundhill Memory ETF during the 3rd quarter worth approximately $14,827,000. Halter Ferguson Financial Inc. acquired a new position in shares of Roundhill Memory ETF in the 3rd quarter worth approximately $13,473,000. Finally, Commonwealth Equity Services LLC acquired a new position in shares of Roundhill Memory ETF in the 3rd quarter worth approximately $11,700,000.

Roundhill Memory ETF Stock Performance

Shares of DRAM stock traded up $2.28 on Friday, hitting $39.29. 55,551,112 shares of the stock traded hands, compared to its average volume of 42,163,184. The company’s fifty day moving average is $54.65 and its 200 day moving average is $54.95. Roundhill Memory ETF has a 1-year low of $26.14 and a 1-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.