Roundhill N-100 0DTE Covered Call Strategy ETF (BATS:QDTE) Hits New 52-Week Low – What’s Next?

Shares of Roundhill N-100 0DTE Covered Call Strategy ETF (BATS:QDTE) hit a new 52-week low during trading on Friday. The company traded as low as $26.71 and last traded at $26.7520, with a volume of 616,492 shares. The stock had previously closed at $27.97.

Roundhill N-100 0DTE Covered Call Strategy ETF Stock Down 3.6%

The stock’s 50 day moving average is $28.81 and its 200-day moving average is $29.66.

Hedge Funds Weigh In On Roundhill N-100 0DTE Covered Call Strategy ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. International Assets Investment Management LLC lifted its stake in Roundhill N-100 0DTE Covered Call Strategy ETF by 286.3% during the 3rd quarter. International Assets Investment Management LLC now owns 84,341 shares of the company’s stock valued at $2,464,000 after acquiring an additional 62,509 shares during the period. IFP Advisors Inc increased its stake in shares of Roundhill N-100 0DTE Covered Call Strategy ETF by 6.7% in the 3rd quarter. IFP Advisors Inc now owns 5,903 shares of the company’s stock worth $172,000 after purchasing an additional 373 shares in the last quarter. Mather Group LLC. bought a new stake in Roundhill N-100 0DTE Covered Call Strategy ETF during the third quarter valued at about $205,000. Envestnet Asset Management Inc. increased its holdings in Roundhill N-100 0DTE Covered Call Strategy ETF by 11.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 119,044 shares of the company’s stock worth $3,706,000 after acquiring an additional 11,980 shares in the last quarter. Finally, Allworth Financial LP boosted its holdings in Roundhill N-100 0DTE Covered Call Strategy ETF by 9.9% in the 2nd quarter. Allworth Financial LP now owns 5,062 shares of the company’s stock worth $158,000 after buying an additional 458 shares during the period.

Roundhill N-100 0DTE Covered Call Strategy ETF Company Profile

The Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) 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 Nasdaq-100 Index. QDTE was launched on Mar 7, 2024 and is issued by Roundhill.