SG Americas Securities LLC Trims Stake in ProShares Online Retail ETF $ONLN

SG Americas Securities LLC reduced its holdings in ProShares Online Retail ETF (NYSEARCA:ONLN) by 46.0% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,109 shares of the company’s stock after selling 9,456 shares during the quarter. SG Americas Securities LLC owned 0.77% of ProShares Online Retail ETF worth $564,000 at the end of the most recent reporting period.

Separately, Envestnet Asset Management Inc. grew its holdings in shares of ProShares Online Retail ETF by 37.0% during the first quarter. Envestnet Asset Management Inc. now owns 13,715 shares of the company’s stock worth $595,000 after purchasing an additional 3,707 shares in the last quarter.

ProShares Online Retail ETF Trading Up 0.7%

ONLN stock opened at $59.14 on Thursday. The company’s 50 day moving average is $59.67 and its 200 day moving average is $55.38. The stock has a market cap of $75.70 million, a price-to-earnings ratio of 22.53 and a beta of 1.36. ProShares Online Retail ETF has a 1-year low of $36.21 and a 1-year high of $62.93.

ProShares Online Retail ETF Profile

The ProShares Online Retail ETF (ONLN) is an exchange-traded fund that is based on the ProShares Online Retail index. The fund tracks a global, modified market-cap weighted index of stocks issued by companies classified as online retailers. ONLN was launched on Jul 13, 2018 and is managed by ProShares.