Roundhill Ball Metaverse ETF (NYSEARCA:METV) Trading Up 0.9% – Should You Buy?

Roundhill Ball Metaverse ETF (NYSEARCA:METV) rose 0.9% on Thursday . The company traded as high as $14.67 and last traded at $14.51. Approximately 145,952 shares were traded during mid-day trading, a decline of 31% from the average daily volume of 211,349 shares. The stock had previously closed at $14.38.

Roundhill Ball Metaverse ETF Stock Performance

The firm has a 50-day moving average of $14.37 and a 200-day moving average of $13.48. The firm has a market capitalization of $486.81 million, a P/E ratio of 31.11 and a beta of 1.56.

Institutional Investors Weigh In On Roundhill Ball Metaverse ETF

Several institutional investors have recently modified their holdings of METV. Future Financial Wealth Managment LLC bought a new position in Roundhill Ball Metaverse ETF during the 3rd quarter valued at about $37,000. Ashton Thomas Private Wealth LLC bought a new position in Roundhill Ball Metaverse ETF during the second quarter valued at approximately $112,000. Finally, Flow Traders U.S. LLC boosted its holdings in Roundhill Ball Metaverse ETF by 521.2% in the third quarter. Flow Traders U.S. LLC now owns 85,484 shares of the company’s stock worth $1,153,000 after purchasing an additional 71,722 shares during the last quarter.

About Roundhill Ball Metaverse ETF

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.