Roundhill Ball Metaverse ETF (NYSEARCA:METV) Shares Up 0.6% – Here’s Why

Shares of Roundhill Ball Metaverse ETF (NYSEARCA:METV) were up 0.6% during trading on Friday . The company traded as high as $13.55 and last traded at $13.46. Approximately 105,216 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 211,496 shares. The stock had previously closed at $13.38.

Roundhill Ball Metaverse ETF Stock Up 0.5 %

The firm’s fifty day moving average price is $13.13 and its two-hundred day moving average price is $12.82. The stock has a market capitalization of $451.25 million, a PE ratio of 31.11 and a beta of 1.56.

Institutional Trading of Roundhill Ball Metaverse ETF

A hedge fund recently bought a new stake in Roundhill Ball Metaverse ETF stock. Future Financial Wealth Managment LLC bought a new stake in shares of Roundhill Ball Metaverse ETF (NYSEARCA:METV) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 2,764 shares of the company’s stock, valued at approximately $37,000.

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.