Roundhill GOOGL WeeklyPay ETF $GOOW Shares Acquired by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC increased its stake in Roundhill GOOGL WeeklyPay ETF (BATS:GOOW) by 96.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 266,992 shares of the company’s stock after acquiring an additional 130,967 shares during the period. Exchange Traded Concepts LLC’s holdings in Roundhill GOOGL WeeklyPay ETF were worth $18,911,000 at the end of the most recent reporting period.

Roundhill GOOGL WeeklyPay ETF Stock Down 2.9%

GOOW opened at $55.03 on Friday. The business’s fifty day moving average is $67.01. Roundhill GOOGL WeeklyPay ETF has a 12 month low of $49.33 and a 12 month high of $78.62.

Roundhill GOOGL WeeklyPay ETF (BATS: GOOW) is an exchange-traded fund issued by Roundhill Investments that provides investors with targeted exposure to Alphabet Inc (GOOGL), the parent company of Google. The fund is listed on the Cboe BATS exchange under the ticker symbol GOOW and is offered as a single-issuer vehicle designed for investors seeking concentrated exposure to one of the largest U.S. technology companies.

As indicated by its name, the ETF is structured to deliver regular distributions on a weekly schedule, which may appeal to income-oriented investors who want periodic cash flow while maintaining equity exposure to Alphabet.