Roundhill NVDA WeeklyPay ETF (BATS:NVDW) Shares Down 0.2% – Here’s Why

Roundhill NVDA WeeklyPay ETF (BATS:NVDW)’s stock price dropped 0.2% during mid-day trading on Thursday . The company traded as low as $37.46 and last traded at $37.89. 55,006 shares changed hands during mid-day trading, a decline of 35% from the average session volume of 85,175 shares. The stock had previously closed at $37.97.

Roundhill NVDA WeeklyPay ETF Price Performance

The stock has a fifty day simple moving average of $36.67 and a two-hundred day simple moving average of $38.01. The firm has a market capitalization of $11.75 million and a P/E ratio of 60.33.

About Roundhill NVDA WeeklyPay ETF

The Tradr 1.75X Long NVDA Weekly ETF (NVDW) is an exchange-traded fund that mostly invests in information technology equity. The fund is actively managed, seeking to provide 1.75x the exposure to the weekly price return of the Nvidia stock (NVDA) through swap agreements with major global financial institutions. NVDW was launched on Sep 3, 2024 and is issued by Tradr.