Roundhill N-100 0DTE Covered Call Strategy ETF (BATS:QDTE) Stock Price Down 2% – Here’s Why

Roundhill N-100 0DTE Covered Call Strategy ETF (BATS:QDTE)’s stock price was down 2% during trading on Wednesday. The company traded as low as $28.64 and last traded at $28.70. 440,630 shares were traded during trading, a decline of 28% from the average daily volume of 607,839 shares. The stock had previously closed at $29.29.

Roundhill N-100 0DTE Covered Call Strategy ETF Trading Down 2.3%

The company’s 50-day simple moving average is $29.12 and its two-hundred day simple moving average is $29.74.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. NFSG Corp raised its position in Roundhill N-100 0DTE Covered Call Strategy ETF by 42.7% during the 1st quarter. NFSG Corp now owns 1,855 shares of the company’s stock valued at $51,000 after purchasing an additional 555 shares during the last quarter. Noble Wealth Management PBC purchased a new stake in Roundhill N-100 0DTE Covered Call Strategy ETF in the 2nd quarter worth approximately $125,000. Allworth Financial LP lifted 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. Ameritas Advisory Services LLC bought a new stake in shares of Roundhill N-100 0DTE Covered Call Strategy ETF in the 2nd quarter worth approximately $176,000. Finally, Mather Group LLC. bought a new stake in shares of Roundhill N-100 0DTE Covered Call Strategy ETF in the 3rd quarter worth approximately $205,000.

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.