ProShares Online Retail ETF (NYSEARCA:ONLN) Stock Price Up 0.5% – Time to Buy?

ProShares Online Retail ETF (NYSEARCA:ONLN – Get Free Report)’s stock price were up 0.5% during trading on Tuesday. The stock traded as high as $55.34 and last traded at $55.34. Approximately 391 shares traded hands during trading, a decline of 95% from the average daily volume of 8,008 shares. The stock had previously closed at $55.05.

ProShares Online Retail ETF Trading Up 0.8%

The company has a market capitalization of $57.65 million, a price-to-earnings ratio of 22.53 and a beta of 1.37. The stock’s 50 day moving average price is $57.53 and its 200 day moving average price is $56.76.

Hedge Funds Weigh In On ProShares Online Retail ETF

A hedge fund recently raised its stake in ProShares Online Retail ETF stock. Rockefeller Capital Management L.P. grew its holdings in shares of ProShares Online Retail ETF (NYSEARCA:ONLN – Free Report) by 32.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,075 shares of the company’s stock after acquiring an additional 2,938 shares during the quarter. Rockefeller Capital Management L.P. owned 0.99% of ProShares Online Retail ETF worth $715,000 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.

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