Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Stock Price Down 0.4% – Here’s What Happened

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM)’s share price fell 0.4% during mid-day trading on Wednesday . The company traded as low as $27.64 and last traded at $27.64. 8,985 shares were traded during mid-day trading, a decline of 29% from the average session volume of 12,692 shares. The stock had previously closed at $27.76.

Roundhill GLP-1 & Weight Loss ETF Stock Performance

The business’s 50 day moving average price is $27.13 and its 200-day moving average price is $25.71. The firm has a market capitalization of $34.83 million, a PE ratio of 22.34 and a beta of 0.54.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Osaic Holdings Inc. grew its holdings in shares of Roundhill GLP-1 & Weight Loss ETF by 205.7% in the second quarter. Osaic Holdings Inc. now owns 1,397 shares of the company’s stock valued at $35,000 after purchasing an additional 940 shares in the last quarter. Flow Traders U.S. LLC grew its holdings in shares of Roundhill GLP-1 & Weight Loss ETF by 18.2% in the first quarter. Flow Traders U.S. LLC now owns 20,785 shares of the company’s stock valued at $492,000 after purchasing an additional 3,194 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of Roundhill GLP-1 & Weight Loss ETF by 13.2% in the first quarter. Jane Street Group LLC now owns 73,545 shares of the company’s stock valued at $1,740,000 after purchasing an additional 8,579 shares in the last quarter. National Bank of Canada FI grew its holdings in shares of Roundhill GLP-1 & Weight Loss ETF by 13.3% in the first quarter. National Bank of Canada FI now owns 75,912 shares of the company’s stock valued at $1,792,000 after purchasing an additional 8,915 shares in the last quarter. Finally, Relyea Zuckerberg Hanson LLC acquired a new position in shares of Roundhill GLP-1 & Weight Loss ETF in the second quarter valued at approximately $254,000.

About Roundhill GLP-1 & Weight Loss ETF

The Roundhill GLP-1 & Weight Loss ETF (OZEM) is an exchange-traded fund that mostly invests in health care equity. The fund is an actively managed fund that invests in companies from around the world involved in pharmaceutical drugs and supplements used for weight management. OZEM was launched on May 21, 2024 and is issued by Roundhill.