Oak Grove Capital LLC Buys 82,050 Shares of Roundhill Memory ETF $DRAM

Oak Grove Capital LLC raised its position in shares of Roundhill Memory ETF (BATS:DRAM) by 32.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 335,950 shares of the ETF’s stock after buying an additional 82,050 shares during the quarter. Roundhill Memory ETF comprises about 0.9% of Oak Grove Capital LLC’s investment portfolio, making the stock its 21st largest holding. Oak Grove Capital LLC’s holdings in Roundhill Memory ETF were worth $20,278,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of DRAM. Bouchey Financial Group Ltd. purchased a new position in shares of Roundhill Memory ETF in the 2nd quarter worth approximately $34,615,000. CoreCap Advisors LLC purchased a new stake in Roundhill Memory ETF during the third quarter valued at approximately $14,827,000. Members Advisory Group LLC acquired a new stake in Roundhill Memory ETF in the second quarter valued at approximately $13,919,000. Light Street Capital Management LLC purchased a new position in Roundhill Memory ETF in the second quarter worth $8,862,000. Finally, Ayalon Insurance Comp Ltd. purchased a new position in Roundhill Memory ETF in the third quarter worth $3,984,000.

Roundhill Memory ETF Stock Performance

Shares of DRAM stock opened at $57.19 on Friday. The business’s fifty day simple moving average is $57.47. 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.