Victory Financial Group LLC Buys 14,243 Shares of Roundhill Memory ETF $DRAM

Victory Financial Group LLC bought a new stake in Roundhill Memory ETF (BATS:DRAM) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 14,243 shares of the ETF’s stock, valued at approximately $860,000.

A number of other hedge funds have also made changes to their positions in the company. Bouchey Financial Group Ltd. acquired a new position in shares of Roundhill Memory ETF during the 2nd quarter worth $34,615,000. Oak Grove Capital LLC grew its stake in Roundhill Memory ETF by 32.3% in the 3rd quarter. Oak Grove Capital LLC now owns 335,950 shares of the ETF’s stock valued at $20,278,000 after acquiring an additional 82,050 shares during the last quarter. CoreCap Advisors LLC acquired a new stake in Roundhill Memory ETF in the 3rd quarter valued at about $14,827,000. Members Advisory Group LLC purchased a new position in Roundhill Memory ETF during the 2nd quarter valued at about $13,919,000. Finally, Halter Ferguson Financial Inc. purchased a new position in Roundhill Memory ETF during the 3rd quarter valued at about $13,473,000.

Roundhill Memory ETF Stock Up 7.1%

Shares of DRAM opened at $54.12 on Thursday. The business’s 50-day simple moving average is $56.23. Roundhill Memory ETF has a 12-month low of $26.14 and a 12-month 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.