Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Trading 0.5% Higher – Still a Buy?

Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) was up 0.5% during mid-day trading on Friday . The stock traded as high as $19.21 and last traded at $19.15. Approximately 15,328 shares changed hands during mid-day trading, an increase of 15% from the average daily volume of 13,348 shares. The stock had previously closed at $19.05.

Roundhill Sports Betting & iGaming ETF Stock Up 0.5 %

The stock has a market cap of $97.28 million, a PE ratio of 19.48 and a beta of 1.32. The stock’s fifty day moving average price is $19.62 and its 200 day moving average price is $18.58.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Roundhill Sports Betting & iGaming ETF stock. Flow Traders U.S. LLC acquired a new stake 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 fund acquired 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.

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.