ProShares Online Retail ETF (NYSEARCA:ONLN – Get Free Report) shares traded down 1.5% on Monday . The stock traded as low as $58.47 and last traded at $58.47. Approximately 1,826 shares changed hands during trading, a decline of 80% from the average session volume of 9,039 shares. The stock had previously closed at $59.36.
ProShares Online Retail ETF Stock Down 1.5%
The stock has a market capitalization of $63.73 million, a P/E ratio of 22.53 and a beta of 1.37. The business’s 50 day simple moving average is $56.91 and its two-hundred day simple moving average is $56.43.
Hedge Funds Weigh In On ProShares Online Retail ETF
Several large investors have recently added to or reduced their stakes in ONLN. JPMorgan Chase & Co. acquired a new position in ProShares Online Retail ETF during the 2nd quarter valued at about $55,000. Bank of America Corp DE raised its stake in shares of ProShares Online Retail ETF by 0.8% in the second quarter. Bank of America Corp DE now owns 96,573 shares of the company’s stock worth $4,900,000 after purchasing an additional 794 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in shares of ProShares Online Retail ETF by 2,881.9% in the second quarter. Tower Research Capital LLC TRC now owns 9,572 shares of the company’s stock worth $486,000 after purchasing an additional 9,251 shares during the last quarter. UBS Group AG lifted its holdings in shares of ProShares Online Retail ETF by 3.1% in the third quarter. UBS Group AG now owns 141,825 shares of the company’s stock valued at $8,617,000 after purchasing an additional 4,198 shares in the last quarter. Finally, GeoWealth Management LLC bought a new position in shares of ProShares Online Retail ETF in the third quarter valued at approximately $441,000.
About ProShares Online Retail ETF
The ProShares Online Retail ETF (ONLN) is an exchange-traded fund that is based on the ProShares Online Retail index. The fund tracks a global, modified market-cap weighted index of stocks issued by companies classified as online retailers. ONLN was launched on Jul 13, 2018 and is managed by ProShares.
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