Roundhill Video Games ETF (NASDAQ:NERD) Trading Down 0.7% – Here’s What Happened

Roundhill Video Games ETF (NASDAQ:NERD)’s stock price dropped 0.7% during trading on Wednesday . The company traded as low as $19.67 and last traded at $19.67. Approximately 1,466 shares were traded during mid-day trading, a decline of 31% from the average daily volume of 2,126 shares. The stock had previously closed at $19.80.

Roundhill Video Games ETF Trading Down 0.7%

The stock’s fifty day moving average price is $20.74 and its 200 day moving average price is $22.33. The stock has a market cap of $14.75 million, a P/E ratio of 24.17 and a beta of 0.94.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Roundhill Video Games ETF stock. Flow Traders U.S. LLC bought a new position in Roundhill Video Games ETF (NASDAQ:NERD) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 10,016 shares of the company’s stock, valued at approximately $267,000. Flow Traders U.S. LLC owned approximately 1.02% of Roundhill Video Games ETF at the end of the most recent quarter.

Roundhill Video Games ETF Company Profile

The Roundhill Video Games ETF (NERD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market cap-weighted index of globally listed equities of companies engaged in the video games and eSports industry. NERD was launched on Jun 4, 2019 and is issued by Roundhill.