ProShares Metaverse ETF (NYSEARCA:VERS) Trading Down 2.1%

Shares of ProShares Metaverse ETF (NYSEARCA:VERS) were down 2.1% during trading on Friday . The stock traded as low as $37.66 and last traded at $37.66. Approximately 162 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 1,019 shares. The stock had previously closed at $38.46.

ProShares Metaverse ETF Stock Down 2.1 %

The company has a market capitalization of $4.90 million, a P/E ratio of 27.52 and a beta of 1.63. The company’s 50-day simple moving average is $41.23 and its 200 day simple moving average is $39.65.

Institutional Trading of ProShares Metaverse ETF

Large investors have recently added to or reduced their stakes in the business. Citadel Advisors LLC bought a new stake in ProShares Metaverse ETF in the second quarter worth approximately $257,000. Tower Research Capital LLC TRC boosted its holdings in shares of ProShares Metaverse ETF by 23.1% during the 3rd quarter. Tower Research Capital LLC TRC now owns 11,334 shares of the company’s stock worth $398,000 after buying an additional 2,127 shares during the period. Gradient Investments LLC boosted its holdings in shares of ProShares Metaverse ETF by 39.0% during the 3rd quarter. Gradient Investments LLC now owns 17,914 shares of the company’s stock worth $629,000 after buying an additional 5,022 shares during the period. UBS Group AG bought a new stake in shares of ProShares Metaverse ETF during the 1st quarter worth $895,000. Finally, Goldman Sachs Group Inc. bought a new stake in shares of ProShares Metaverse ETF during the 1st quarter worth $1,343,000.

About ProShares Metaverse ETF

The ProShares Metaverse ETF (VERS) is an exchange-traded fund that is based on the Solactive Metaverse Theme index. The fund tracks a concentrated index of stocks, spanning a broad range of industries globally, that are positioned to benefit from the development and use of the Metaverse. Stocks are selected based on the amount of exposure to the related theme and weighted based on a modified equal weight strategy.