Roundhill Video Games ETF (NASDAQ:NERD) Shares Down 1.1% – Here’s Why

Roundhill Video Games ETF (NASDAQ:NERD)’s share price was down 1.1% during mid-day trading on Thursday . The stock traded as low as $20.52 and last traded at $20.77. Approximately 1,028 shares were traded during mid-day trading, a decline of 61% from the average daily volume of 2,604 shares. The stock had previously closed at $21.00.

Roundhill Video Games ETF Stock Performance

The company has a market capitalization of $15.58 million, a PE ratio of 24.17 and a beta of 1.00. The business’s 50-day moving average is $21.71 and its 200-day moving average is $24.47.

Hedge Funds Weigh In On Roundhill Video Games ETF

A hedge fund recently bought a new stake in Roundhill Video Games ETF stock. Flow Traders U.S. LLC bought a new stake in shares of Roundhill Video Games ETF (NASDAQ:NERD) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 10,016 shares of the company’s stock, valued at approximately $267,000. Flow Traders U.S. LLC owned about 1.02% of Roundhill Video Games ETF as of its most recent filing with the Securities & Exchange Commission.

Roundhill Video Games ETF Company Profile

The Roundhill Video Games ETF (NERD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market cap-weighted index of globally listed equities of companies engaged in the video games and eSports industry. NERD was launched on Jun 4, 2019 and is issued by Roundhill.