Roundhill Ball Metaverse ETF (NYSEARCA:METV) Trading 1% Higher – Time to Buy?

Roundhill Ball Metaverse ETF (NYSEARCA:METV) shares traded up 1% during trading on Friday . The stock traded as high as $15.62 and last traded at $15.62. 153,423 shares changed hands during trading, a decline of 15% from the average session volume of 180,927 shares. The stock had previously closed at $15.47.

Roundhill Ball Metaverse ETF Trading Up 1.0%

The business has a fifty day moving average of $13.63 and a 200 day moving average of $14.29. The company has a market capitalization of $301.47 million, a PE ratio of 25.28 and a beta of 1.37.

Hedge Funds Weigh In On Roundhill Ball Metaverse ETF

A hedge fund recently raised its stake in Roundhill Ball Metaverse ETF stock. Flow Traders U.S. LLC boosted its position in Roundhill Ball Metaverse ETF (NYSEARCA:METV) by 271.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 276,684 shares of the company’s stock after acquiring an additional 202,126 shares during the quarter. Flow Traders U.S. LLC owned 1.43% of Roundhill Ball Metaverse ETF worth $3,732,000 at the end of the most recent quarter.

Roundhill Ball Metaverse ETF Company Profile

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.