ProShares Online Retail ETF (NYSEARCA:ONLN) Share Price Break Above 200-Day Moving Average – Here’s What Happened

Shares of ProShares Online Retail ETF (NYSEARCA:ONLN – Get Free Report) passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $56.89 and traded as high as $57.66. ProShares Online Retail ETF shares last traded at $57.37, with a volume of 3,217 shares trading hands.

ProShares Online Retail ETF Stock Performance

The company has a market capitalization of $58.29 million, a PE ratio of 22.53 and a beta of 1.37. The stock’s fifty day simple moving average is $56.60 and its 200-day simple moving average is $56.85.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in ProShares Online Retail ETF stock. SG Americas Securities LLC raised its position in ProShares Online Retail ETF (NYSEARCA:ONLN – Free Report) by 6.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,045 shares of the company’s stock after buying an additional 657 shares during the period. SG Americas Securities LLC owned approximately 0.97% of ProShares Online Retail ETF worth $588,000 at the end of the most recent quarter.

ProShares Online Retail ETF Company Profile

(Get Free Report)

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.

Further Reading

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