Roundhill Cannabis ETF (BATS:WEED – Get Free Report)’s stock price traded down 1.6% during mid-day trading on Wednesday . The company traded as low as $19.37 and last traded at $19.38. 6,020 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 23,969 shares. The stock had previously closed at $19.69.
Roundhill Cannabis ETF Stock Performance
The firm’s 50-day simple moving average is $20.81 and its 200 day simple moving average is $19.05.
Hedge Funds Weigh In On Roundhill Cannabis ETF
An institutional investor recently bought a new position in Roundhill Cannabis ETF stock. Nano Cap New Millennium Growth Fund L P acquired a new position in shares of Roundhill Cannabis ETF (BATS:WEED – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 28,500 shares of the company’s stock, valued at approximately $566,000. Nano Cap New Millennium Growth Fund L P owned about 7.60% of Roundhill Cannabis ETF as of its most recent SEC filing.
About Roundhill Cannabis ETF
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.
Further Reading
- Five stocks we like better than Roundhill Cannabis ETF
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
Receive News & Ratings for Roundhill Cannabis ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roundhill Cannabis ETF and related companies with MarketBeat.com's FREE daily email newsletter.
