ProShares Pet Care ETF (BATS:PAWZ) Shares Down 1.6% – Here’s Why

ProShares Pet Care ETF (BATS:PAWZGet Free Report)’s stock price fell 1.6% during trading on Wednesday . The company traded as low as $46.12 and last traded at $46.26. 3,943 shares traded hands during trading, a decline of 6% from the average session volume of 4,205 shares. The stock had previously closed at $47.03.

ProShares Pet Care ETF Stock Down 0.6%

The firm has a fifty day moving average price of $51.54 and a 200-day moving average price of $53.86. The firm has a market cap of $49.81 million, a price-to-earnings ratio of 23.65 and a beta of 1.16.

Institutional Investors Weigh In On ProShares Pet Care ETF

Several hedge funds have recently made changes to their positions in PAWZ. Hazlett Burt & Watson Inc. boosted its holdings in shares of ProShares Pet Care ETF by 221.8% during the third quarter. Hazlett Burt & Watson Inc. now owns 943 shares of the company’s stock worth $52,000 after purchasing an additional 650 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of ProShares Pet Care ETF during the second quarter worth $155,000. Jane Street Group LLC boosted its holdings in shares of ProShares Pet Care ETF by 18.0% during the first quarter. Jane Street Group LLC now owns 5,668 shares of the company’s stock worth $296,000 after purchasing an additional 863 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of ProShares Pet Care ETF during the third quarter worth $603,000. Finally, Bank of America Corp DE boosted its holdings in shares of ProShares Pet Care ETF by 697.3% during the second quarter. Bank of America Corp DE now owns 28,353 shares of the company’s stock worth $1,642,000 after purchasing an additional 24,797 shares during the last quarter.

ProShares Pet Care ETF Company Profile

(Get Free Report)

The ProShares Pet Care ETF (PAWZ) is an exchange-traded fund that is based on the FactSet Pet Care index. The fund tracks a tier-weighted index of global equities related to pet ownership. PAWZ was launched on Nov 5, 2018 and is managed by ProShares.

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