ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) Trading Up 0.3% – Should You Buy?

Shares of ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) shot up 0.3% during mid-day trading on Wednesday . The company traded as high as $45.41 and last traded at $45.41. 2 shares changed hands during trading, a decline of 99% from the average session volume of 322 shares. The stock had previously closed at $45.28.

ProShares MSCI Transformational Changes ETF Trading Up 1.1 %

The firm has a market capitalization of $9.16 million, a PE ratio of 23.82 and a beta of 1.10. The business has a 50 day moving average price of $43.92 and a 200-day moving average price of $42.32.

Hedge Funds Weigh In On ProShares MSCI Transformational Changes ETF

A hedge fund recently raised its stake in ProShares MSCI Transformational Changes ETF stock. Essex Financial Services Inc. lifted its holdings in shares of ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) by 3.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,465 shares of the company’s stock after purchasing an additional 243 shares during the quarter. Essex Financial Services Inc. owned about 3.73% of ProShares MSCI Transformational Changes ETF worth $316,000 as of its most recent SEC filing.

About ProShares MSCI Transformational Changes ETF

The ProShares MSCI Transformational Changes ETF (ANEW) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global stocks that benefit from transformational changes in peoples work, health care, consumption, and connection.