Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Stock Price Up 0.7% – What’s Next?

Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) shares were up 0.7% during mid-day trading on Thursday . The company traded as high as $22.43 and last traded at $22.37. Approximately 7,161 shares changed hands during trading, a decline of 55% from the average daily volume of 15,917 shares. The stock had previously closed at $22.22.

Roundhill Sports Betting & iGaming ETF Stock Up 0.7%

The business’s 50-day moving average is $20.85 and its two-hundred day moving average is $20.07. The company has a market capitalization of $78.97 million, a P/E ratio of 23.83 and a beta of 1.37.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Roundhill Sports Betting & iGaming ETF stock. Flow Traders U.S. LLC lifted its stake in shares of Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) by 24.9% in the first quarter, according to its most recent filing with the SEC. The fund owned 73,556 shares of the company’s stock after acquiring an additional 14,687 shares during the period. Flow Traders U.S. LLC owned approximately 2.08% of Roundhill Sports Betting & iGaming ETF worth $1,383,000 as of its most recent SEC filing.

Roundhill Sports Betting & iGaming ETF Company Profile

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.