ProShares Global Listed Private Equity ETF (BATS:PEX) Trading Up 0.8% – Time to Buy?

ProShares Global Listed Private Equity ETF (BATS:PEXGet Free Report)’s share price rose 0.8% during trading on Tuesday . The stock traded as high as $22.57 and last traded at $22.38. 13,676 shares traded hands during trading, an increase of 274% from the average daily volume of 3,660 shares. The stock had previously closed at $22.21.

ProShares Global Listed Private Equity ETF Trading Up 0.8%

The stock has a 50 day moving average price of $21.96 and a two-hundred day moving average price of $22.81. The company has a market cap of $10.52 million, a price-to-earnings ratio of 11.41 and a beta of 1.04.

Hedge Funds Weigh In On ProShares Global Listed Private Equity ETF

Hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its holdings in ProShares Global Listed Private Equity ETF by 66.9% during the first quarter. Royal Bank of Canada now owns 14,562 shares of the company’s stock worth $394,000 after buying an additional 5,839 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of ProShares Global Listed Private Equity ETF during the 1st quarter worth about $392,000. Raymond James Financial Inc. bought a new stake in shares of ProShares Global Listed Private Equity ETF in the 2nd quarter valued at about $85,000. Envestnet Asset Management Inc. increased its stake in shares of ProShares Global Listed Private Equity ETF by 22.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 10,003 shares of the company’s stock valued at $263,000 after acquiring an additional 1,863 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new stake in shares of ProShares Global Listed Private Equity ETF in the 3rd quarter valued at approximately $375,000.

About ProShares Global Listed Private Equity ETF

(Get Free Report)

The ProShares Global Listed Private Equity ETF (PEX) is an exchange-traded fund that is based on the LPX Direct Listed Private Equity index, a market-cap-weighted index of publicly traded private equity firms around the world. PEX was launched on Feb 26, 2013 and is managed by ProShares.

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