Roundhill Ball Metaverse ETF (NYSEARCA:METV) Sees Strong Trading Volume – Still a Buy?

Shares of Roundhill Ball Metaverse ETF (NYSEARCA:METV) saw unusually-high trading volume on Monday . Approximately 141,108 shares traded hands during trading, an increase of 14% from the previous session’s volume of 123,333 shares.The stock last traded at $14.96 and had previously closed at $15.21.

Roundhill Ball Metaverse ETF Trading Up 0.3 %

The company has a market capitalization of $509.29 million, a P/E ratio of 31.11 and a beta of 1.56. The business’s 50-day simple moving average is $14.82 and its 200 day simple moving average is $13.73.

Institutional Trading of Roundhill Ball Metaverse ETF

A hedge fund recently raised its stake in Roundhill Ball Metaverse ETF stock. Flow Traders U.S. LLC increased its holdings in Roundhill Ball Metaverse ETF (NYSEARCA:METV) by 521.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,484 shares of the company’s stock after purchasing an additional 71,722 shares during the quarter. Flow Traders U.S. LLC owned 0.25% of Roundhill Ball Metaverse ETF worth $1,153,000 at the end of the most recent quarter.

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.