Roundhill N-100 0DTE Covered Call Strategy ETF (BATS:QDTE) Reaches New 1-Year Low – Here’s Why

Shares of Roundhill N-100 0DTE Covered Call Strategy ETF (BATS:QDTE) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $29.24 and last traded at $29.30, with a volume of 231021 shares traded. The stock had previously closed at $29.58.

Roundhill N-100 0DTE Covered Call Strategy ETF Price Performance

The company’s 50 day simple moving average is $31.62 and its 200 day simple moving average is $33.96.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of QDTE. IMC Chicago LLC raised its stake in Roundhill N-100 0DTE Covered Call Strategy ETF by 953.9% in the 3rd quarter. IMC Chicago LLC now owns 428,259 shares of the company’s stock valued at $15,246,000 after acquiring an additional 387,624 shares during the period. Envestnet Asset Management Inc. bought a new position in Roundhill N-100 0DTE Covered Call Strategy ETF during the third quarter worth about $2,450,000. Susquehanna International Group LLP purchased a new position in shares of Roundhill N-100 0DTE Covered Call Strategy ETF in the third quarter worth about $1,229,000. OLD Mission Capital LLC increased its stake in shares of Roundhill N-100 0DTE Covered Call Strategy ETF by 41.3% in the fourth quarter. OLD Mission Capital LLC now owns 100,901 shares of the company’s stock worth $3,112,000 after purchasing an additional 29,480 shares in the last quarter. Finally, HUB Investment Partners LLC raised its position in shares of Roundhill N-100 0DTE Covered Call Strategy ETF by 222.4% in the third quarter. HUB Investment Partners LLC now owns 31,941 shares of the company’s stock valued at $1,137,000 after purchasing an additional 22,035 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.