Welcome to our dedicated page for Roundhill Video Games ETF news (Ticker: NERD), a resource for investors and traders seeking the latest updates and insights on Roundhill Video Games ETF stock.
Roundhill Video Games ETF reports fund-level developments tied to its thematic exposure to the video games industry. NERD focuses on companies involved in interactive gaming software for console, PC, mobile and cloud platforms, along with related online gaming services and esports.
Recurring news for the fund covers name and index changes, management-strategy updates, exchange-listing transfers and adviser or distributor disclosures. Roundhill Financial Inc. serves as investment adviser, and Foreside Fund Services, LLC distributes the Roundhill Funds.
Roundhill Video Games ETF (NERD) announced two significant changes to its fund structure. First, the ETF will transition from a passive index-based strategy to active management effective September 30, 2025. Second, the fund will transfer its listing from Nasdaq to Cboe BZX Exchange.
The fund will maintain its focus on the video games industry, investing in publishers, developers, and distributors of interactive gaming software across console, PC, mobile, and cloud platforms, as well as esports-related companies. Importantly, these changes will not require any action from shareholders and are not expected to impact the trading of fund shares.
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Roundhill Investments announces significant updates to its NERD ETF, which is now named the Roundhill Video Games ETF. Effective September 26, 2022, the ETF adopts the Nasdaq CTA Global Video Games Software Index™ (PLAYR2™), enhancing its focus on pure-play gaming software. Research predicts global gaming revenues to reach $219 billion by 2024, with mobile gaming leading at $103.5 billion. The ETF’s top holdings include Nintendo (18.3%), Electronic Arts (10.6%), and Roblox (6.6%). This transition aims to capitalize on the fast-growing gaming sector, while excluding companies from China and Russia to mitigate geopolitical risks.
Roundhill Investments announced significant changes to the Roundhill BITKRAFT Esports & Digital Entertainment ETF (NERD ETF), effective September 23, 2022. The ETF will be renamed the Roundhill Video Games ETF and will switch its underlying index to the Nasdaq CTA Global Video Games Software Index™, focusing on video game publishing and development companies. This transition aims to provide targeted exposure to the growing video game market, projected to reach $219 billion by 2024. Shareholders will not need to take any action.
Roundhill Investments has surpassed $500 million in assets under management within two years of its launch. This achievement highlights the firm's focus on reaching a broad base of investors rather than just larger ones. Co-founder Tim Maloney attributes this success to building a community of often underserved investors. The firm is set to launch the Roundhill Streaming Services & Technology ETF (NYSE: SUBZ), the first ETF dedicated to the streaming sector.