Roundhill N-100 0DTE Covered Call Strategy ETF (BATS:QDTE) Stock Price Down 0.4% – Should You Sell?

Roundhill N-100 0DTE Covered Call Strategy ETF (BATS:QDTE)’s share price dropped 0.4% on Wednesday . The stock traded as low as $30.16 and last traded at $30.41. Approximately 669,109 shares traded hands during mid-day trading, a decline of 1% from the average session volume of 676,015 shares. The stock had previously closed at $30.52.

Roundhill N-100 0DTE Covered Call Strategy ETF Trading Down 1.2%

The company’s 50-day simple moving average is $30.86 and its 200-day simple moving average is $30.62.

Institutional Trading of Roundhill N-100 0DTE Covered Call Strategy ETF

Several hedge funds have recently added to or reduced their stakes in QDTE. Newbridge Financial Services Group Inc. boosted its stake in Roundhill N-100 0DTE Covered Call Strategy ETF by 225.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 1,300 shares of the company’s stock valued at $40,000 after purchasing an additional 900 shares during the period. NFSG Corp lifted its holdings in shares of Roundhill N-100 0DTE Covered Call Strategy ETF by 42.7% during the first quarter. NFSG Corp now owns 1,855 shares of the company’s stock worth $51,000 after buying an additional 555 shares in the last quarter. Allworth Financial LP lifted its holdings in shares of Roundhill N-100 0DTE Covered Call Strategy ETF by 13.8% during the third quarter. Allworth Financial LP now owns 3,423 shares of the company’s stock worth $122,000 after buying an additional 416 shares in the last quarter. IFP Advisors Inc boosted its position in shares of Roundhill N-100 0DTE Covered Call Strategy ETF by 533.9% in the third quarter. IFP Advisors Inc now owns 5,154 shares of the company’s stock valued at $184,000 after acquiring an additional 4,341 shares during the period. Finally, Summit Financial LLC boosted its position in shares of Roundhill N-100 0DTE Covered Call Strategy ETF by 10.7% in the fourth quarter. Summit Financial LLC now owns 6,725 shares of the company’s stock valued at $219,000 after acquiring an additional 650 shares during the period.

About Roundhill N-100 0DTE Covered Call Strategy ETF

The Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide a high weekly distribution to shareholders through actively managed synthetic covered call strategy, while also providing limited exposure to the price return of the Nasdaq-100 Index. QDTE was launched on Mar 7, 2024 and is issued by Roundhill.