Raymond James Financial Services Advisors Inc. Sells 1,097 Shares of ProShares Online Retail ETF (NYSEARCA:ONLN)

Raymond James Financial Services Advisors Inc. reduced its stake in ProShares Online Retail ETF (NYSEARCA:ONLN) by 14.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,518 shares of the company’s stock after selling 1,097 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in ProShares Online Retail ETF were worth $235,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, SG Americas Securities LLC increased its stake in ProShares Online Retail ETF by 7.6% during the 4th quarter. SG Americas Securities LLC now owns 22,860 shares of the company’s stock valued at $825,000 after purchasing an additional 1,606 shares in the last quarter.

ProShares Online Retail ETF Stock Performance

Shares of NYSEARCA ONLN opened at $38.57 on Wednesday. The firm’s 50 day moving average price is $38.01 and its 200-day moving average price is $34.78. ProShares Online Retail ETF has a 52-week low of $28.35 and a 52-week high of $39.86. The company has a market cap of $97.97 million, a PE ratio of 25.80 and a beta of 1.68.

ProShares Online Retail ETF Profile

The ProShares Online Retail ETF (ONLN) is an exchange-traded fund that is based on the ProShares Online Retail index. The fund tracks a global, modified market-cap weighted index of stocks issued by companies classified as online retailers. ONLN was launched on Jul 13, 2018 and is managed by ProShares.