Roundhill Ball Metaverse ETF (NYSEARCA:METV – Get Free Report) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 14,903 shares, a decrease of 84.9% from the April 15th total of 98,570 shares. Based on an average trading volume of 39,418 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the stock. Marshall Wace LLP bought a new position in Roundhill Ball Metaverse ETF during the 2nd quarter valued at $244,000. JPMorgan Chase & Co. raised its holdings in shares of Roundhill Ball Metaverse ETF by 2,778.4% during the third quarter. JPMorgan Chase & Co. now owns 16,263 shares of the company’s stock worth $335,000 after purchasing an additional 15,698 shares during the period. Q3 Asset Management acquired a new stake in shares of Roundhill Ball Metaverse ETF during the third quarter worth $1,045,000. GM Advisory Group LLC raised its holdings in shares of Roundhill Ball Metaverse ETF by 0.6% during the first quarter. GM Advisory Group LLC now owns 167,647 shares of the company’s stock worth $2,671,000 after purchasing an additional 1,045 shares during the period. Finally, Leavell Investment Management Inc. raised its holdings in shares of Roundhill Ball Metaverse ETF by 35.2% during the third quarter. Leavell Investment Management Inc. now owns 195,568 shares of the company’s stock worth $4,029,000 after purchasing an additional 50,868 shares during the period.
Roundhill Ball Metaverse ETF Trading Down 1.6%
NYSEARCA METV traded down $0.30 during trading hours on Tuesday, reaching $18.75. 28,676 shares of the company traded hands, compared to its average volume of 68,642. Roundhill Ball Metaverse ETF has a 12 month low of $15.07 and a 12 month high of $21.41. The stock has a market capitalization of $241.50 million, a PE ratio of 26.20 and a beta of 1.42. The company has a 50 day moving average of $16.88 and a two-hundred day moving average of $18.14.
About Roundhill Ball Metaverse ETF
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. METV was launched on Jun 30, 2021 and is managed by Roundhill.
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