ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) Share Price Pass Above 200 Day Moving Average – Here’s What Happened

ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $43.34 and traded as high as $46.55. ProShares MSCI Transformational Changes ETF shares last traded at $46.55, with a volume of 520 shares.

ProShares MSCI Transformational Changes ETF Price Performance

The stock’s 50-day moving average price is $45.31 and its 200-day moving average price is $43.34. The company has a market cap of $9.31 million, a P/E ratio of 23.82 and a beta of 1.10.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ProShares MSCI Transformational Changes ETF stock. Essex Financial Services Inc. raised its stake in ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) by 3.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,465 shares of the company’s stock after buying an additional 243 shares during the period. Essex Financial Services Inc. owned 3.73% of ProShares MSCI Transformational Changes ETF worth $316,000 at the end of the most recent quarter.

About ProShares MSCI Transformational Changes ETF

The ProShares MSCI Transformational Changes ETF (ANEW) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global stocks that benefit from transformational changes in peoples work, health care, consumption, and connection.