Roundhill Ball Metaverse ETF (NYSEARCA:METV) Stock Price Down 2.2%

Shares of Roundhill Ball Metaverse ETF (NYSEARCA:METV) were down 2.2% during trading on Friday . The stock traded as low as $11.41 and last traded at $11.46. Approximately 264,329 shares changed hands during trading, an increase of 5% from the average daily volume of 250,697 shares. The stock had previously closed at $11.72.

Roundhill Ball Metaverse ETF Trading Down 2.2 %

The firm’s 50-day moving average price is $12.27 and its 200 day moving average price is $11.26. The company has a market cap of $384.48 million, a price-to-earnings ratio of 31.35 and a beta of 1.54.

Institutional Trading of Roundhill Ball Metaverse ETF

Several hedge funds have recently bought and sold shares of the business. Future Financial Wealth Managment LLC acquired a new stake in Roundhill Ball Metaverse ETF in the 1st quarter valued at $41,000. Marshall Wace LLP bought a new position in Roundhill Ball Metaverse ETF during the 2nd quarter valued at $227,000. JPMorgan Chase & Co. lifted its stake in Roundhill Ball Metaverse ETF by 373.6% during the 1st quarter. JPMorgan Chase & Co. now owns 88,744 shares of the company’s stock valued at $833,000 after acquiring an additional 70,005 shares in the last quarter. Flow Traders U.S. LLC bought a new position in Roundhill Ball Metaverse ETF during the 4th quarter valued at $2,452,000. Finally, Credit Suisse AG bought a new position in Roundhill Ball Metaverse ETF during the 2nd quarter valued at $48,000.

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.