Melia Wealth LLC Has $11.81 Million Stake in Roundhill Bitcoin Covered Call Strategy ETF $YBTC

Melia Wealth LLC grew its holdings in Roundhill Bitcoin Covered Call Strategy ETF (BATS:YBTC) by 7.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 415,210 shares of the company’s stock after acquiring an additional 27,489 shares during the period. Roundhill Bitcoin Covered Call Strategy ETF comprises 5.5% of Melia Wealth LLC’s holdings, making the stock its 11th biggest position. Melia Wealth LLC owned approximately 0.09% of Roundhill Bitcoin Covered Call Strategy ETF worth $11,813,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Mezzasalma Advisors LLC acquired a new stake in shares of Roundhill Bitcoin Covered Call Strategy ETF in the fourth quarter valued at approximately $34,000. IMC Chicago LLC acquired a new stake in shares of Roundhill Bitcoin Covered Call Strategy ETF in the fourth quarter valued at approximately $863,000. Belpointe Asset Management LLC acquired a new stake in shares of Roundhill Bitcoin Covered Call Strategy ETF in the fourth quarter valued at approximately $4,785,000. Brookwood Investment Group LLC acquired a new stake in shares of Roundhill Bitcoin Covered Call Strategy ETF in the fourth quarter valued at approximately $987,000. Finally, Jane Street Group LLC acquired a new stake in shares of Roundhill Bitcoin Covered Call Strategy ETF in the second quarter valued at approximately $1,148,000.

Roundhill Bitcoin Covered Call Strategy ETF Stock Down 1.5%

YBTC opened at $21.23 on Thursday. Roundhill Bitcoin Covered Call Strategy ETF has a 12-month low of $19.54 and a 12-month high of $49.80. The business has a 50 day moving average of $21.85 and a 200-day moving average of $25.60.

Roundhill Bitcoin Covered Call Strategy ETF Company Profile

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.