Roundhill Ball Metaverse ETF (NYSEARCA:METV) Trading Up 1.5% – Here’s What Happened

Roundhill Ball Metaverse ETF (NYSEARCA:METV) shares traded up 1.5% on Monday . The stock traded as high as $21.41 and last traded at $21.27. 181,606 shares traded hands during mid-day trading, an increase of 9% from the average session volume of 166,245 shares. The stock had previously closed at $20.95.

Roundhill Ball Metaverse ETF Stock Up 1.5%

The stock has a market capitalization of $337.77 million, a P/E ratio of 26.20 and a beta of 1.38. The stock’s 50 day moving average price is $19.54 and its 200-day moving average price is $16.79.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Flow Traders U.S. LLC raised its position in shares of Roundhill Ball Metaverse ETF by 271.1% in the 1st quarter. Flow Traders U.S. LLC now owns 276,684 shares of the company’s stock worth $3,732,000 after acquiring an additional 202,126 shares in the last quarter. OLD Mission Capital LLC purchased a new position in Roundhill Ball Metaverse ETF in the first quarter valued at about $880,000. Leavell Investment Management Inc. bought a new position in Roundhill Ball Metaverse ETF in the second quarter worth about $2,464,000. Finally, Marshall Wace LLP bought a new position in Roundhill Ball Metaverse ETF in the second quarter worth about $244,000.

About Roundhill Ball Metaverse ETF

The Roundhill Ball Metaverse ETF (METV) is an exchange-traded fund that is based on the Ball Metaverse index. The fund is a passively-managed ETF investing in globally-listed equities spanning various industries, all relating to what it defines as a future iteration of the internet. Stocks are selected by a committee and weighted in tiers.