Roundhill Ball Metaverse ETF (NYSEARCA:METV) Sees Large Volume Increase – Here’s Why

Roundhill Ball Metaverse ETF (NYSEARCA:METV) shares saw an uptick in trading volume on Monday . 141,108 shares were traded during mid-day trading, an increase of 14% from the previous session’s volume of 123,333 shares.The stock last traded at $14.96 and had previously closed at $15.21.

Roundhill Ball Metaverse ETF Trading Down 1.5 %

The business’s 50-day simple moving average is $14.79 and its two-hundred day simple moving average is $13.71. The firm has a market cap of $502.75 million, a price-to-earnings ratio of 31.11 and a beta of 1.56.

Institutional Investors Weigh In On Roundhill Ball Metaverse ETF

An institutional investor recently raised its position in Roundhill Ball Metaverse ETF stock. Flow Traders U.S. LLC grew its stake in shares of Roundhill Ball Metaverse ETF (NYSEARCA:METV) by 521.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 85,484 shares of the company’s stock after purchasing an additional 71,722 shares during the period. Flow Traders U.S. LLC owned approximately 0.25% of Roundhill Ball Metaverse ETF worth $1,153,000 as of its most recent filing with the Securities and Exchange Commission.

Roundhill Ball Metaverse ETF Company Profile

The Roundhill Ball Metaverse ETF (METV) is an exchange-traded fund that is based on the Ball Metaverse index. The fund is a passively-managed ETF investing in globally-listed equities spanning various industries, all relating to what it defines as a future iteration of the internet. Stocks are selected by a committee and weighted in tiers.