ProShares Global Listed Private Equity ETF (BATS:PEX) Trading Down 0.3% – Here’s Why

ProShares Global Listed Private Equity ETF (BATS:PEX)’s stock price traded down 0.3% during mid-day trading on Tuesday . The company traded as low as $23.42 and last traded at $23.42. Approximately 202 shares were traded during mid-day trading, a decline of 94% from the average session volume of 3,274 shares. The stock had previously closed at $23.49.

ProShares Global Listed Private Equity ETF Price Performance

The company has a 50 day moving average price of $23.42 and a 200 day moving average price of $22.53. The firm has a market cap of $11.01 million, a PE ratio of 11.41 and a beta of 1.04.

Institutional Trading of ProShares Global Listed Private Equity ETF

An institutional investor recently raised its stake in ProShares Global Listed Private Equity ETF stock. Royal Bank of Canada grew its position in ProShares Global Listed Private Equity ETF (BATS:PEX) by 58.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,967 shares of the company’s stock after acquiring an additional 9,198 shares during the period. Royal Bank of Canada owned about 5.31% of ProShares Global Listed Private Equity ETF worth $530,000 at the end of the most recent quarter.

About ProShares Global Listed Private Equity ETF

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.