ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW – Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 32 shares, a growth of ∞ from the April 30th total of 0 shares. Based on an average daily volume of 226 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.
ProShares MSCI Transformational Changes ETF Price Performance
Shares of ANEW traded up $0.03 during midday trading on Monday, hitting $51.45. The stock had a trading volume of 225 shares, compared to its average volume of 328. The company has a 50 day simple moving average of $48.09 and a two-hundred day simple moving average of $49.28. ProShares MSCI Transformational Changes ETF has a twelve month low of $44.25 and a twelve month high of $52.91. The firm has a market cap of $7.72 million, a price-to-earnings ratio of 29.96 and a beta of 1.02.
Hedge Funds Weigh In On ProShares MSCI Transformational Changes ETF
Several hedge funds have recently modified their holdings of the stock. Jane Street Group LLC grew its holdings in ProShares MSCI Transformational Changes ETF by 7.6% during the second quarter. Jane Street Group LLC now owns 21,583 shares of the company’s stock worth $1,083,000 after purchasing an additional 1,520 shares during the period. Citadel Advisors LLC bought a new position in ProShares MSCI Transformational Changes ETF during the third quarter worth about $318,000. Cetera Investment Advisers bought a new position in ProShares MSCI Transformational Changes ETF during the second quarter worth about $240,000. Finally, Raymond James Financial Inc. bought a new position in ProShares MSCI Transformational Changes ETF during the second quarter worth about $43,000.
About ProShares MSCI Transformational Changes ETF
The ProShares MSCI Transformational Changes ETF (ANEW) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global stocks that benefit from transformational changes in peoples work, health care, consumption, and connection. ANEW was launched on Oct 14, 2020 and is managed by ProShares.
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