Roundhill Cannabis ETF (BATS:WEED – Get Free Report)’s stock price rose 5.7% during trading on Wednesday . The company traded as high as $21.30 and last traded at $21.25. Approximately 14,793 shares changed hands during trading, a decline of 35% from the average session volume of 22,676 shares. The stock had previously closed at $20.10.
Roundhill Cannabis ETF Stock Up 5.7%
The firm’s 50 day simple moving average is $20.04 and its two-hundred day simple moving average is $18.98.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Roundhill Cannabis ETF stock. Nano Cap New Millennium Growth Fund L P purchased a new stake in Roundhill Cannabis ETF (BATS:WEED – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 28,500 shares of the company’s stock, valued at approximately $566,000. Nano Cap New Millennium Growth Fund L P owned approximately 7.60% of Roundhill Cannabis ETF at the end of the most recent quarter.
Roundhill Cannabis ETF Company Profile
The Roundhill Cannabis ETF (WEED) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of equities and total return swaps that provide exposure to the global cannabis and hemp ecosystem. WEED was launched on Apr 20, 2022 and is managed by Roundhill.
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