Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Stock Price Up 1.2% – Here’s What Happened

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) rose 1.2% during trading on Wednesday . The company traded as high as $33.70 and last traded at $33.61. Approximately 27,653 shares changed hands during mid-day trading, an increase of 113% from the average daily volume of 12,963 shares. The stock had previously closed at $33.22.

Roundhill GLP-1 & Weight Loss ETF Stock Performance

The firm has a market capitalization of $41.00 million, a P/E ratio of 22.34 and a beta of 0.54. The firm has a 50 day simple moving average of $29.17 and a two-hundred day simple moving average of $26.72.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in OZEM. Osaic Holdings Inc. grew its position in Roundhill GLP-1 & Weight Loss ETF by 205.7% in the 2nd quarter. Osaic Holdings Inc. now owns 1,397 shares of the company’s stock worth $35,000 after purchasing an additional 940 shares in the last quarter. Flow Traders U.S. LLC boosted its stake in shares of Roundhill GLP-1 & Weight Loss ETF by 18.2% in the 1st quarter. Flow Traders U.S. LLC now owns 20,785 shares of the company’s stock worth $492,000 after buying an additional 3,194 shares during the last quarter. National Bank of Canada FI grew its holdings in shares of Roundhill GLP-1 & Weight Loss ETF by 6.1% in the third quarter. National Bank of Canada FI now owns 84,152 shares of the company’s stock valued at $2,293,000 after acquiring an additional 4,808 shares in the last quarter. Jane Street Group LLC increased its position in shares of Roundhill GLP-1 & Weight Loss ETF by 13.2% during the first quarter. Jane Street Group LLC now owns 73,545 shares of the company’s stock valued at $1,740,000 after acquiring an additional 8,579 shares during the last quarter. Finally, Relyea Zuckerberg Hanson LLC purchased a new position in Roundhill GLP-1 & Weight Loss ETF in the second quarter worth $254,000.

About Roundhill GLP-1 & Weight Loss ETF

The Roundhill GLP-1 & Weight Loss ETF (OZEM) is an exchange-traded fund that mostly invests in health care equity. The fund is an actively managed fund that invests in companies from around the world involved in pharmaceutical drugs and supplements used for weight management. OZEM was launched on May 21, 2024 and is issued by Roundhill.