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Introducing Roundhill WeeklyPay ETFs: A Powerful Combination of Income and Leverage
PRNewswire (Wed, 19-Feb 9:01 AM ET)
Roundhill Weekly Pay ETF invests in total return swap agreements and common stock that in aggregate return approximately 1.2 times the calendar week total return of common shares of PLTR while making weekly distribution payments to shareholders. The Fund will invest at least 80% of its net assets in swaps that utilize PLTR as the reference asset and in shares of PLTR. For purposes of compliance with this investment policy, derivative contracts will be valued at their notional value. The implication of an investment strategy that seeks to provide a weekly return that is approximately 1.2 times the calendar week total return of common shares of PLTR is that if PLTR experiences an increase in value over a given calendar week, the Fund could be expected to experience a gain approximately 20% larger than the gain experienced by PLTR. Conversely, if PLTR experiences a decrease in value over a given calendar week, the Fund could be expected to experience a loss approximately 20% larger than the loss experienced by PLTR. On the close of the last business day every calendar week, the Fund's exposure will be reset to approximately 1.2 times. The reset of leverage factor may result in either a decrease or increase in exposure, depending on the performance of PLTR.
Roundhill ETF Trust Roundhill Pltr Weeklypay ETF trades on the BATS stock market under the symbol PLTW.
As of March 10, 2025, PLTW stock price declined to $27.32 with 19,998 million shares trading.
PLTW has a market cap of $2.46 million. This is considered a Sub-Micro Cap stock.
PLTW support price is $28.50 and resistance is $33.95 (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 PLTW shares will trade within this expected range on the day.