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

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

Roundhill GLP-1 & Weight Loss ETF Trading Up 0.7 %

The stock has a 50 day moving average of $24.76 and a 200-day moving average of $26.06. The company has a market capitalization of $38.61 million and a P/E ratio of 26.36.

Roundhill GLP-1 & Weight Loss ETF Dividend Announcement

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Relyea Zuckerberg Hanson LLC bought a new stake in shares of Roundhill GLP-1 & Weight Loss ETF during the fourth quarter valued at approximately $276,000. Embree Financial Group increased its holdings in Roundhill GLP-1 & Weight Loss ETF by 22.6% in the 4th quarter. Embree Financial Group now owns 10,874 shares of the company’s stock valued at $265,000 after acquiring an additional 2,005 shares during the last quarter. Cox Capital Mgt LLC purchased a new stake in Roundhill GLP-1 & Weight Loss ETF in the 4th quarter worth $933,000. Jane Street Group LLC grew its position in shares of Roundhill GLP-1 & Weight Loss ETF by 54.2% during the fourth quarter. Jane Street Group LLC now owns 64,966 shares of the company’s stock valued at $1,583,000 after purchasing an additional 22,844 shares in the last quarter. Finally, National Bank of Canada FI bought a new stake in shares of Roundhill GLP-1 & Weight Loss ETF in the fourth quarter worth about $1,632,000.

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.