Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Trading Up 0.6% – Time to Buy?

Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ)’s share price was up 0.6% during mid-day trading on Thursday . The company traded as high as $19.22 and last traded at $19.22. Approximately 14,825 shares changed hands during trading, a decline of 12% from the average daily volume of 16,922 shares. The stock had previously closed at $19.10.

Roundhill Sports Betting & iGaming ETF Stock Up 0.6 %

The firm has a market capitalization of $97.64 million, a price-to-earnings ratio of 19.48 and a beta of 1.32. The stock’s 50-day moving average price is $19.51 and its 200 day moving average price is $18.36.

Institutional Trading of Roundhill Sports Betting & iGaming ETF

An institutional investor recently bought a new position in Roundhill Sports Betting & iGaming ETF stock. Flow Traders U.S. LLC purchased a new position in shares of Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 27,657 shares of the company’s stock, valued at approximately $524,000. Flow Traders U.S. LLC owned 0.54% of Roundhill Sports Betting & iGaming ETF at the end of the most recent quarter.

Roundhill Sports Betting & iGaming ETF Company Profile

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.