Roundhill N-100 0DTE Covered Call Strategy ETF (BATS:QDTE) Hits New 52-Week Low – Time to Sell?

Roundhill N-100 0DTE Covered Call Strategy ETF (BATS:QDTE)’s share price reached a new 52-week low on Thursday. The company traded as low as $26.27 and last traded at $26.0450, with a volume of 106,128 shares trading hands. The stock had previously closed at $27.27.

Roundhill N-100 0DTE Covered Call Strategy ETF Trading Up 1.4%

The stock has a fifty day moving average of $28.52 and a 200-day moving average of $29.52.

Institutional Trading of Roundhill N-100 0DTE Covered Call Strategy ETF

A number of institutional investors and hedge funds have recently made changes to their positions in QDTE. NFSG Corp raised its position in Roundhill N-100 0DTE Covered Call Strategy ETF by 42.7% in the first quarter. NFSG Corp now owns 1,855 shares of the company’s stock valued at $51,000 after purchasing an additional 555 shares during the period. Noble Wealth Management PBC bought a new position in Roundhill N-100 0DTE Covered Call Strategy ETF in the 2nd quarter worth approximately $125,000. Allworth Financial LP lifted its stake in shares of Roundhill N-100 0DTE Covered Call Strategy ETF by 9.9% in the 2nd quarter. Allworth Financial LP now owns 5,062 shares of the company’s stock worth $158,000 after acquiring an additional 458 shares during the period. Ameritas Advisory Services LLC acquired a new position in Roundhill N-100 0DTE Covered Call Strategy ETF during the second quarter worth about $176,000. Finally, IFP Advisors Inc boosted its position in shares of Roundhill N-100 0DTE Covered Call Strategy ETF by 6.7% in the 3rd quarter. IFP Advisors Inc now owns 5,903 shares of the company’s stock valued at $172,000 after purchasing an additional 373 shares during the period.

About Roundhill N-100 0DTE Covered Call Strategy ETF

The Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide a high weekly distribution to shareholders through actively managed synthetic covered call strategy, while also providing limited exposure to the price return of the Nasdaq-100 Index. QDTE was launched on Mar 7, 2024 and is issued by Roundhill.