Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Stock Price Down 1.5% – Time to Sell?

Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ)’s stock price traded down 1.5% during trading on Monday . The company traded as low as $20.01 and last traded at $20.04. 24,820 shares were traded during trading, an increase of 42% from the average session volume of 17,445 shares. The stock had previously closed at $20.35.

Roundhill Sports Betting & iGaming ETF Trading Down 1.5 %

The business’s fifty day moving average price is $19.84 and its 200 day moving average price is $19.28. The company has a market capitalization of $73.75 million, a P/E ratio of 20.00 and a beta of 1.40.

Hedge Funds Weigh In On Roundhill Sports Betting & iGaming ETF

An institutional investor recently bought a new position in Roundhill Sports Betting & iGaming ETF stock. Flow Traders U.S. LLC acquired a new position in shares of Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 27,657 shares of the company’s stock, valued at approximately $524,000. Flow Traders U.S. LLC owned 0.54% of Roundhill Sports Betting & iGaming ETF as of its most recent filing with the Securities and Exchange Commission.

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.