Shares of ProShares Metaverse ETF (NYSEARCA:VERS – Get Free Report) were down 1.5% during trading on Thursday . The stock traded as low as $45.00 and last traded at $45.00. Approximately 417 shares traded hands during trading, a decline of 69% from the average daily volume of 1,343 shares. The stock had previously closed at $45.70.
ProShares Metaverse ETF Trading Down 1.5 %
The stock has a fifty day moving average of $43.29 and a 200-day moving average of $41.84. The firm has a market capitalization of $6.30 million, a price-to-earnings ratio of 27.16 and a beta of 1.66.
Hedge Funds Weigh In On ProShares Metaverse ETF
A hedge fund recently raised its stake in ProShares Metaverse ETF stock. Gradient Investments LLC raised its holdings in shares of ProShares Metaverse ETF (NYSEARCA:VERS – Free Report) by 115.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,600 shares of the company’s stock after acquiring an additional 20,686 shares during the quarter. Gradient Investments LLC owned approximately 22.71% of ProShares Metaverse ETF worth $1,632,000 at the end of the most recent quarter.
ProShares Metaverse ETF Company Profile
The ProShares Metaverse ETF (VERS) is an exchange-traded fund that is based on the Solactive Metaverse Theme index. The fund tracks a concentrated index of stocks, spanning a broad range of industries globally, that are positioned to benefit from the development and use of the Metaverse. Stocks are selected based on the amount of exposure to the related theme and weighted based on a modified equal weight strategy.
See Also
Receive News & Ratings for ProShares Metaverse ETF Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for ProShares Metaverse ETF and related companies with MarketBeat.com’s FREE daily email newsletter.
This news is republished from another source. You can check the original article here