Roundhill Cannabis ETF (BATS:WEED) Shares Up 65% – What’s Next?

Roundhill Cannabis ETF (BATS:WEEDGet Free Report)’s stock price shot up 65% on Monday . The company traded as high as $12.81 and last traded at $20.96. 4,713 shares were traded during trading, a decline of 60% from the average session volume of 11,702 shares. The stock had previously closed at $12.71.

Roundhill Cannabis ETF Trading Up 65.0%

The stock’s fifty day simple moving average is $11.29 and its two-hundred day simple moving average is $11.80.

Institutional Trading of Roundhill Cannabis ETF

An institutional investor recently bought a new position in Roundhill Cannabis ETF stock. OLD Mission Capital LLC bought a new position in shares of Roundhill Cannabis ETF (BATS:WEEDFree Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 33,250 shares of the company’s stock, valued at approximately $367,000. OLD Mission Capital LLC owned about 9.64% of Roundhill Cannabis ETF at the end of the most recent quarter.

Roundhill Cannabis ETF Company Profile

(Get Free Report)

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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