Principle Wealth Partners LLC Acquires New Stake in Roundhill Memory ETF $DRAM

Principle Wealth Partners LLC acquired a new stake in shares of Roundhill Memory ETF (BATS:DRAM) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 56,674 shares of the ETF’s stock, valued at approximately $3,421,000.

Several other institutional investors and hedge funds have also bought and sold shares of DRAM. Comprehensive Financial Planning Inc. PA purchased a new stake in Roundhill Memory ETF in the second quarter worth $27,000. IFP Advisors Inc purchased a new position in shares of Roundhill Memory ETF during the 2nd quarter valued at $32,000. Root Financial Partners LLC purchased a new position in shares of Roundhill Memory ETF during the 3rd quarter valued at $40,000. Strengthening Families & Communities LLC purchased a new position in shares of Roundhill Memory ETF during the 2nd quarter valued at $70,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Roundhill Memory ETF during the 3rd quarter valued at $73,000.

Roundhill Memory ETF Trading Down 18.0%

DRAM stock opened at $37.01 on Friday. Roundhill Memory ETF has a fifty-two week low of $26.14 and a fifty-two week high of $81.34. The stock has a fifty day moving average of $55.00 and a 200-day moving average of $55.06.

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.