Roundhill Ball Metaverse ETF (NYSEARCA:METV) Reaches New 1-Year High – Still a Buy?

Roundhill Ball Metaverse ETF (NYSEARCA:METV)’s share price hit a new 52-week high on Thursday . The stock traded as high as $15.38 and last traded at $15.38, with a volume of 129549 shares changing hands. The stock had previously closed at $15.12.

Roundhill Ball Metaverse ETF Trading Up 1.3 %

The company has a market cap of $513.99 million, a price-to-earnings ratio of 31.11 and a beta of 1.56. The stock has a 50-day simple moving average of $14.75 and a 200-day simple moving average of $13.68.

Institutional Trading of Roundhill Ball Metaverse ETF

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

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.