ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) Trading 0.3% Higher – Should You Buy?

ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) shares rose 0.3% during mid-day trading on Monday . The stock traded as high as $46.33 and last traded at $46.33. Approximately 33 shares were traded during trading, a decline of 90% from the average daily volume of 336 shares. The stock had previously closed at $46.21.

ProShares MSCI Transformational Changes ETF Price Performance

The firm has a market capitalization of $9.27 million, a PE ratio of 23.82 and a beta of 1.10. The company’s fifty day simple moving average is $44.75 and its 200-day simple moving average is $42.96.

Institutional Investors Weigh In On ProShares MSCI Transformational Changes ETF

An institutional investor recently raised its position in ProShares MSCI Transformational Changes ETF stock. Essex Financial Services Inc. grew its holdings in ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) by 3.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,465 shares of the company’s stock after buying an additional 243 shares during the period. Essex Financial Services Inc. owned 3.73% of ProShares MSCI Transformational Changes ETF worth $316,000 as of its most recent filing with the Securities & Exchange Commission.

ProShares MSCI Transformational Changes ETF Company Profile

The ProShares MSCI Transformational Changes ETF (ANEW) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global stocks that benefit from transformational changes in peoples work, health care, consumption, and connection.