Roundhill Ball Metaverse ETF (NYSEARCA:METV – Get Free Report) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 20,874 shares, a decline of 47.2% from the July 15th total of 39,517 shares. Based on an average daily volume of 41,070 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the shares of the company are sold short.
Roundhill Ball Metaverse ETF Stock Performance
Shares of METV stock traded down $0.20 during trading on Tuesday, hitting $18.99. The company had a trading volume of 37,237 shares, compared to its average volume of 59,651. The firm has a market capitalization of $217.06 million, a P/E ratio of 26.20 and a beta of 1.43. Roundhill Ball Metaverse ETF has a one year low of $15.16 and a one year high of $21.41. The stock’s 50-day moving average price is $18.65 and its 200 day moving average price is $17.81.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. GM Advisory Group LLC raised its holdings in Roundhill Ball Metaverse ETF by 0.6% in the 1st quarter. GM Advisory Group LLC now owns 167,647 shares of the company’s stock valued at $2,671,000 after buying an additional 1,045 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Roundhill Ball Metaverse ETF by 2,778.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 16,263 shares of the company’s stock worth $335,000 after buying an additional 15,698 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in shares of Roundhill Ball Metaverse ETF in the 2nd quarter valued at $244,000.
Roundhill Ball Metaverse ETF Company Profile
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.
See Also
- Five stocks we like better than Roundhill Ball Metaverse ETF
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
Receive News & Ratings for Roundhill Ball Metaverse ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roundhill Ball Metaverse ETF and related companies with MarketBeat.com's FREE daily email newsletter.
