Envestnet Asset Management Inc. Raises Holdings in ProShares Online Retail ETF (NYSEARCA:ONLN)

Envestnet Asset Management Inc. boosted its stake in shares of ProShares Online Retail ETF (NYSEARCA:ONLN) by 37.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,715 shares of the company’s stock after purchasing an additional 3,707 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.87% of ProShares Online Retail ETF worth $595,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Tower Research Capital LLC TRC increased its holdings in shares of ProShares Online Retail ETF by 45.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 10,859 shares of the company’s stock valued at $485,000 after acquiring an additional 3,397 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of ProShares Online Retail ETF in the 4th quarter valued at about $562,000. Wealth Enhancement Advisory Services LLC purchased a new position in shares of ProShares Online Retail ETF in the 1st quarter valued at about $661,000. Finally, Two Sigma Investments LP purchased a new position in shares of ProShares Online Retail ETF in the 4th quarter valued at about $925,000.

ProShares Online Retail ETF Stock Up 0.8%

Shares of NYSEARCA ONLN opened at $53.54 on Tuesday. The stock has a market cap of $77.63 million, a PE ratio of 22.53 and a beta of 1.32. ProShares Online Retail ETF has a 52-week low of $36.15 and a 52-week high of $55.99. The business has a 50-day moving average price of $51.37 and a 200 day moving average price of $47.35.

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.