Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) Stock Price Down 0.4% – Here’s What Happened

Shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) fell 0.4% on Monday . The stock traded as low as $39.29 and last traded at $39.32. 110,376 shares traded hands during trading, a decline of 54% from the average session volume of 241,018 shares. The stock had previously closed at $39.48.

Roundhill S&P 500 0DTE Covered Call Strategy ETF Price Performance

The stock has a market cap of $357.72 million, a P/E ratio of 24.81 and a beta of 0.99. The stock has a 50-day simple moving average of $38.93 and a 200-day simple moving average of $38.85.

Hedge Funds Weigh In On Roundhill S&P 500 0DTE Covered Call Strategy ETF

Institutional investors have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. boosted its position in Roundhill S&P 500 0DTE Covered Call Strategy ETF by 250.0% in the second quarter. Osaic Holdings Inc. now owns 700 shares of the company’s stock valued at $31,000 after buying an additional 500 shares in the last quarter. Group One Trading LLC bought a new position in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF in the 4th quarter valued at $44,000. Strive Financial Group LLC bought a new position in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF in the 4th quarter valued at $146,000. PNC Financial Services Group Inc. boosted its holdings in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 35.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,600 shares of the company’s stock valued at $301,000 after acquiring an additional 2,000 shares in the last quarter. Finally, NewEdge Wealth LLC bought a new stake in Roundhill S&P 500 0DTE Covered Call Strategy ETF during the 1st quarter worth $353,000.

Roundhill S&P 500 0DTE Covered Call Strategy ETF Company Profile

The Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) 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 S&P 500 Index. XDTE was launched on Mar 7, 2024 and is issued by Roundhill.