Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM) Stock Price Down 1.3% – Here’s What Happened

Roundhill GLP-1 & Weight Loss ETF (NASDAQ:OZEM)’s stock price traded down 1.3% during trading on Tuesday . The company traded as low as $24.06 and last traded at $24.12. 2,820 shares changed hands during trading, a decline of 79% from the average session volume of 13,424 shares. The stock had previously closed at $24.43.

Roundhill GLP-1 & Weight Loss ETF Stock Down 1.3 %

The company’s 50 day simple moving average is $24.76 and its two-hundred day simple moving average is $26.08. The company has a market capitalization of $39.32 million and a price-to-earnings ratio of 26.36.

Roundhill GLP-1 & Weight Loss ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were given a $0.0531 dividend. The ex-dividend date was Monday, December 30th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in OZEM. Jane Street Group LLC boosted its holdings in Roundhill GLP-1 & Weight Loss ETF by 54.2% in the fourth quarter. Jane Street Group LLC now owns 64,966 shares of the company’s stock worth $1,583,000 after acquiring an additional 22,844 shares in the last quarter. OLD Mission Capital LLC purchased a new position in shares of Roundhill GLP-1 & Weight Loss ETF in the 4th quarter valued at approximately $948,000. National Bank of Canada FI acquired a new stake in Roundhill GLP-1 & Weight Loss ETF in the 4th quarter worth approximately $1,632,000. Commonwealth Equity Services LLC boosted its stake in Roundhill GLP-1 & Weight Loss ETF by 80.4% in the 4th quarter. Commonwealth Equity Services LLC now owns 36,842 shares of the company’s stock worth $897,000 after purchasing an additional 16,416 shares in the last quarter. Finally, Embree Financial Group increased its stake in Roundhill GLP-1 & Weight Loss ETF by 22.6% during the 4th quarter. Embree Financial Group now owns 10,874 shares of the company’s stock valued at $265,000 after purchasing an additional 2,005 shares in the last quarter.

Roundhill GLP-1 & Weight Loss ETF Company Profile

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.