Roundhill Video Games ETF (NASDAQ:NERD) Shares Up 2.7% – Should You Buy?

Roundhill Video Games ETF (NASDAQ:NERD) shot up 2.7% during trading on Friday . The stock traded as high as $23.00 and last traded at $22.96. Approximately 5,409 shares traded hands during trading, an increase of 156% from the average session volume of 2,109 shares. The stock had previously closed at $22.36.

Roundhill Video Games ETF Price Performance

The business’s 50 day moving average is $20.67 and its two-hundred day moving average is $21.05. The firm has a market capitalization of $16.07 million, a PE ratio of 24.17 and a beta of 0.95.

Institutional Trading of Roundhill Video Games ETF

An institutional investor recently bought a new position in Roundhill Video Games ETF stock. Flow Traders U.S. LLC acquired a new position in shares of Roundhill Video Games ETF (NASDAQ:NERD) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 10,016 shares of the company’s stock, valued at approximately $267,000. Flow Traders U.S. LLC owned about 1.02% of Roundhill Video Games ETF as of its most recent filing with the Securities and Exchange Commission.

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.