Roundhill Ball Metaverse ETF (NYSEARCA:METV) Shares Up 0.6% – Time to Buy?

Roundhill Ball Metaverse ETF (NYSEARCA:METV)’s stock price shot up 0.6% during mid-day trading on Tuesday . The company traded as high as $13.84 and last traded at $13.68. 165,551 shares changed hands during mid-day trading, an increase of 17% from the average session volume of 140,897 shares. The stock had previously closed at $13.60.

Roundhill Ball Metaverse ETF Stock Up 0.6 %

The company has a 50-day moving average of $14.81 and a 200 day moving average of $14.13. The stock has a market capitalization of $287.01 million, a PE ratio of 27.69 and a beta of 1.38.

Hedge Funds Weigh In On Roundhill Ball Metaverse ETF

An institutional investor recently raised its position in Roundhill Ball Metaverse ETF stock. Flow Traders U.S. LLC grew its holdings in Roundhill Ball Metaverse ETF (NYSEARCA:METV) by 521.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,484 shares of the company’s stock after purchasing an additional 71,722 shares during the quarter. Flow Traders U.S. LLC owned about 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.