Roundhill Ball Metaverse ETF (NYSEARCA:METV) Sets New 52-Week High – Here’s What Happened

Roundhill Ball Metaverse ETF (NYSEARCA:METV)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $15.50 and last traded at $15.52, with a volume of 6027 shares traded. The stock had previously closed at $15.44.

Roundhill Ball Metaverse ETF Stock Up 0.1 %

The company has a 50-day moving average of $14.88 and a 200 day moving average of $13.88. The stock has a market capitalization of $518.68 million, a PE ratio of 31.11 and a beta of 1.56.

Hedge Funds Weigh In On Roundhill Ball Metaverse ETF

An institutional investor recently raised its position in Roundhill Ball Metaverse ETF stock. Flow Traders U.S. LLC increased its stake in shares of Roundhill Ball Metaverse ETF (NYSEARCA:METV) by 521.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 85,484 shares of the company’s stock after buying an additional 71,722 shares during the quarter. Flow Traders U.S. LLC owned about 0.25% of Roundhill Ball Metaverse ETF worth $1,153,000 at the end of the most recent reporting period.

Roundhill Ball Metaverse ETF Company Profile

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.