Roundhill Announces Transfer Of Exchange Listing Of Roundhill Video Games ETF From NYSE Arca To Nasdaq
Portfolio Pulse from Benzinga Newsdesk
Roundhill Investments has announced that it will transfer the listing of its Roundhill Video Games ETF (NERD) from NYSE Arca to Nasdaq. This move is part of a strategic decision to benefit from Nasdaq's trading platform and visibility.
November 13, 2023 | 10:26 pm
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NEUTRAL IMPACT
The Roundhill Video Games ETF (NERD) will be transferring its exchange listing from NYSE Arca to Nasdaq, which may lead to increased visibility and potentially more trading activity.
Exchange transfers typically do not have a direct impact on the ETF's performance or the value of its underlying assets. However, the move to Nasdaq could improve visibility and liquidity, which might be slightly positive for the ETF. The confidence in this analysis is high, but the importance is moderate as exchange listings are more logistical than fundamentally impactful.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100