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Roundhill Investments Launches First-Ever Neocloud ETF (NCLD) and Photonics & Optics ETF (LYTE)
PRNewswire (Thu, 6-Aug 8:31 AM ET)
Roundhill Photonics & Optics ETF an actively managed ETF that seeks to achieve its investment objective by investing in the equity securities of companies whose core technology involves generating, manipulating, detecting, or transmitting light for various technologies ("Photonic and Optical Companies"). Under normal circumstances, the Fund invests at least 80% of its net assets (plus borrowings for investment purposes) in equity securities (which may include depositary receipts) or financial instruments (i.e., swap agreements or forward contracts) that provide exposure to Photonic and Optical Companies. The Fund will seek to invest in those companies with a minimum market capitalization of $1 billion and an average daily trading volume of at least $10 million. The Fund may invest in U.S. and non-U.S. companies (including those operating in developed or emerging market countries) through investments in depositary receipts, including American Depositary Receipts ("ADRs"), Global Depositary Receipts ("GDRs").
Roundhill Photonics & Optics ETF trades on the BATS stock market under the symbol LYTE.
As of October 1, 2026, LYTE stock price climbed to $25.25 with 3,314,629 million shares trading.
LYTE has a market cap of $241.64 million. This is considered a Small Cap stock.
LYTE support price is $23.59 and resistance is $25.13 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LYTE shares will trade within this expected range on the day.