Members Advisory Group LLC Makes New $13.92 Million Investment in Roundhill Memory ETF $DRAM

Members Advisory Group LLC bought a new stake in Roundhill Memory ETF (BATS:DRAMFree Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 188,480 shares of the ETF’s stock, valued at approximately $13,919,000. Roundhill Memory ETF makes up 3.9% of Members Advisory Group LLC’s holdings, making the stock its 11th biggest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. OceanIQ Capital LLC purchased a new stake in Roundhill Memory ETF in the second quarter valued at $433,000. Turner Financial Group Inc. acquired a new position in shares of Roundhill Memory ETF in the 2nd quarter valued at $555,000. FirstWave Capital Management LLC purchased a new position in shares of Roundhill Memory ETF during the 2nd quarter worth $3,682,000. SMART Wealth LLC purchased a new position in shares of Roundhill Memory ETF during the 2nd quarter worth $2,064,000. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Roundhill Memory ETF during the 2nd quarter worth about $27,000.

Roundhill Memory ETF Stock Performance

Shares of DRAM opened at $59.69 on Friday. Roundhill Memory ETF has a 12-month low of $26.14 and a 12-month high of $81.34. The firm has a 50-day moving average of $56.77.

Roundhill Memory ETF (BATS: DRAM) is an exchange-traded fund offered by Roundhill Investments that provides targeted exposure to the memory semiconductor industry. Listed on the Cboe BZX Exchange under the ticker DRAM, the fund is intended to give investors access to companies whose primary business activities are connected to memory chips and related technologies.

The fund focuses on firms operating across the memory semiconductor supply chain, including companies involved in design and development of DRAM and NAND memory, wafer fabrication, packaging and testing, and the manufacture of semiconductor capital equipment and materials.

Further Reading

Institutional Ownership by Quarter for Roundhill Memory ETF (BATS:DRAM)

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