Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Stock Price Down 1.5%

Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ)’s stock price fell 1.5% during trading on Tuesday . The company traded as low as $16.84 and last traded at $16.84. 8,992 shares changed hands during trading, a decline of 51% from the average session volume of 18,402 shares. The stock had previously closed at $17.10.

Roundhill Sports Betting & iGaming ETF Stock Performance

The company has a market capitalization of $85.54 million, a PE ratio of 19.24 and a beta of 1.31. The stock has a fifty day moving average of $17.53 and a 200 day moving average of $16.91.

Institutional Investors Weigh In On Roundhill Sports Betting & iGaming ETF

An institutional investor recently raised its position in Roundhill Sports Betting & iGaming ETF stock. Sunbelt Securities Inc. grew its holdings in Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) by 20,637.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,576 shares of the company’s stock after buying an additional 10,525 shares during the period. Sunbelt Securities Inc. owned approximately 0.17% of Roundhill Sports Betting & iGaming ETF worth $168,000 as of its most recent filing with the Securities & Exchange Commission.

About Roundhill Sports Betting & iGaming ETF

The Roundhill Sports Betting & iGaming ETF (BETZ) is an exchange-traded fund that is based on the Roundhill Sports Betting & iGaming index. The fund tracks a tier-weighted index of global companies selected by committee that are involved in the sports betting & iGaming industry. BETZ was launched on Jun 4, 2020 and is managed by Roundhill.