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

Exchange Traded Concepts LLC increased its holdings in shares of Roundhill GOOGL WeeklyPay ETF (BATS:GOOW) by 96.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 266,992 shares of the company’s stock after acquiring an additional 130,967 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Roundhill GOOGL WeeklyPay ETF were worth $18,911,000 as of its most recent SEC filing.

Roundhill GOOGL WeeklyPay ETF Stock Performance

Shares of Roundhill GOOGL WeeklyPay ETF stock opened at $55.03 on Friday. Roundhill GOOGL WeeklyPay ETF has a 52 week low of $49.33 and a 52 week high of $78.62. The company has a 50 day moving average of $67.01.

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.