Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) Trading 0.2% Higher – Should You Buy?

Shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) traded up 0.2% during mid-day trading on Tuesday . The company traded as high as $36.90 and last traded at $36.88. 172,811 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 315,789 shares. The stock had previously closed at $36.80.

Roundhill S&P 500 0DTE Covered Call Strategy ETF Trading Up 0.2%

The stock has a market capitalization of $338.19 million, a PE ratio of 24.81 and a beta of 0.99. The stock has a 50 day moving average price of $38.50 and a 200-day moving average price of $41.28.

Hedge Funds Weigh In On Roundhill S&P 500 0DTE Covered Call Strategy ETF

Institutional investors and hedge funds have recently modified their holdings of the company. RFG Advisory LLC boosted its stake in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 84.9% in the 3rd quarter. RFG Advisory LLC now owns 28,373 shares of the company’s stock worth $1,255,000 after buying an additional 13,032 shares during the last quarter. TD Waterhouse Canada Inc. boosted its stake in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 20.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 3,000 shares of the company’s stock worth $133,000 after buying an additional 500 shares during the last quarter. Napa Wealth Management boosted its stake in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 5.5% in the 2nd quarter. Napa Wealth Management now owns 55,952 shares of the company’s stock worth $2,473,000 after buying an additional 2,904 shares during the last quarter. Group One Trading LLC purchased a new position in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF in the 4th quarter worth $44,000. Finally, HRT Financial LP purchased a new position in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF in the 4th quarter worth $466,000.

Roundhill S&P 500 0DTE Covered Call Strategy ETF Company Profile

The Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) 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 S&P 500 Index. XDTE was launched on Mar 7, 2024 and is issued by Roundhill.