Roundhill Ball Metaverse ETF (NYSEARCA:METV) Stock Price Up 0.2% – Here’s What Happened

Roundhill Ball Metaverse ETF (NYSEARCA:METV)’s stock price rose 0.2% during mid-day trading on Friday . The company traded as high as $15.15 and last traded at $15.05. Approximately 119,532 shares traded hands during mid-day trading, an increase of 7% from the average daily volume of 111,589 shares. The stock had previously closed at $15.02.

Roundhill Ball Metaverse ETF Stock Up 0.2 %

The firm has a fifty day simple moving average of $14.69 and a 200-day simple moving average of $13.65. The company has a market capitalization of $504.93 million, a P/E ratio of 31.11 and a beta of 1.56.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Roundhill Ball Metaverse ETF stock. Flow Traders U.S. LLC lifted its stake in Roundhill Ball Metaverse ETF (NYSEARCA:METV) by 521.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 85,484 shares of the company’s stock after acquiring an additional 71,722 shares during the quarter. Flow Traders U.S. LLC owned approximately 0.25% of Roundhill Ball Metaverse ETF worth $1,153,000 as of its most recent SEC filing.

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.