ProShares Pet Care ETF (BATS:PAWZ) Trading Up 2.9% – Should You Buy?

ProShares Pet Care ETF (BATS:PAWZ) shares rose 2.9% on Monday . The stock traded as high as $54.61 and last traded at $55.11. Approximately 8,836 shares changed hands during trading, an increase of 67% from the average daily volume of 5,301 shares. The stock had previously closed at $53.54.

ProShares Pet Care ETF Stock Up 2.9%

The business’s 50 day moving average is $56.86 and its two-hundred day moving average is $55.83. The firm has a market cap of $59.52 million, a P/E ratio of 23.65 and a beta of 1.16.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC grew its holdings in ProShares Pet Care ETF by 26.5% during the 1st quarter. SG Americas Securities LLC now owns 34,709 shares of the company’s stock valued at $1,813,000 after buying an additional 7,269 shares in the last quarter. Banque Cantonale Vaudoise purchased a new position in ProShares Pet Care ETF during the first quarter valued at $253,000. Flow Traders U.S. LLC increased its holdings in ProShares Pet Care ETF by 103.9% in the 1st quarter. Flow Traders U.S. LLC now owns 22,610 shares of the company’s stock valued at $1,181,000 after acquiring an additional 11,521 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of ProShares Pet Care ETF by 0.5% during the 1st quarter. Royal Bank of Canada now owns 38,065 shares of the company’s stock valued at $1,989,000 after purchasing an additional 207 shares during the last quarter. Finally, Banque Transatlantique SA bought a new stake in shares of ProShares Pet Care ETF in the first quarter worth about $77,000.

About ProShares Pet Care ETF

The ProShares Pet Care ETF (PAWZ) is an exchange-traded fund that is based on the FactSet Pet Care index. The fund tracks a tier-weighted index of global equities related to pet ownership. PAWZ was launched on Nov 5, 2018 and is managed by ProShares.