ProShares Global Listed Private Equity ETF (BATS:PEX) Shares Up 1% – Here’s What Happened

ProShares Global Listed Private Equity ETF (BATS:PEX) shares rose 1% on Tuesday. The company traded as high as $22.61 and last traded at $22.61. Approximately 802 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 3,036 shares. The stock had previously closed at $22.38.

ProShares Global Listed Private Equity ETF Stock Performance

The firm has a fifty day simple moving average of $23.08 and a 200-day simple moving average of $22.83. The firm has a market cap of $10.63 million, a price-to-earnings ratio of 11.41 and a beta of 1.04.

Hedge Funds Weigh In On ProShares Global Listed Private Equity ETF

A hedge fund recently raised its stake in ProShares Global Listed Private Equity ETF stock. Beta Wealth Group Inc. lifted its stake in shares of ProShares Global Listed Private Equity ETF (BATS:PEX) by 22.7% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 37,950 shares of the company’s stock after buying an additional 7,033 shares during the quarter. Beta Wealth Group Inc. owned about 8.07% of ProShares Global Listed Private Equity ETF worth $806,000 as of its most recent SEC filing.

ProShares Global Listed Private Equity ETF Company Profile

The ProShares Global Listed Private Equity ETF (PEX) is an exchange-traded fund that is based on the LPX Direct Listed Private Equity index, a market-cap-weighted index of publicly traded private equity firms around the world. PEX was launched on Feb 26, 2013 and is managed by ProShares.