Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Shares Down 0.6% – What’s Next?

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) shares fell 0.6% on Monday . The company traded as low as $32.12 and last traded at $32.19. 15,217 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 26,430 shares. The stock had previously closed at $32.37.

Roundhill GLP-1 & Weight Loss ETF Stock Performance

The company has a market cap of $62.13 million, a PE ratio of 22.34 and a beta of 0.41. The stock’s 50 day moving average price is $31.58 and its 200-day moving average price is $32.67.

Institutional Trading of Roundhill GLP-1 & Weight Loss ETF

Hedge funds have recently added to or reduced their stakes in the business. Osaic Holdings Inc. grew its stake in shares of Roundhill GLP-1 & Weight Loss ETF by 205.7% during the second quarter. Osaic Holdings Inc. now owns 1,397 shares of the company’s stock valued at $35,000 after buying an additional 940 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in shares of Roundhill GLP-1 & Weight Loss ETF in the fourth quarter worth about $68,000. Jane Street Group LLC lifted its stake in shares of Roundhill GLP-1 & Weight Loss ETF by 13.2% in the 1st 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, National Bank of Canada FI lifted its stake in shares of Roundhill GLP-1 & Weight Loss ETF by 6.1% in the 3rd 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 during the last quarter.

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.