Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Shares Up 2% – Time to Buy?

Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ)’s share price traded up 2% on Monday . The company traded as high as $20.10 and last traded at $20.10. 11,501 shares were traded during trading, a decline of 31% from the average session volume of 16,554 shares. The stock had previously closed at $19.70.

Roundhill Sports Betting & iGaming ETF Stock Down 2.2 %

The firm has a 50 day moving average of $20.06 and a 200 day moving average of $19.48. The firm has a market cap of $69.12 million, a PE ratio of 19.55 and a beta of 1.39.

Hedge Funds Weigh In On Roundhill Sports Betting & iGaming ETF

An institutional investor recently bought a new position in Roundhill Sports Betting & iGaming ETF stock. Flow Traders U.S. LLC bought a new position in Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 27,657 shares of the company’s stock, valued at approximately $524,000. Flow Traders U.S. LLC owned about 0.54% of Roundhill Sports Betting & iGaming ETF at the end of the most recent quarter.

About Roundhill Sports Betting & iGaming ETF

The Roundhill Sports Betting & iGaming ETF (BETZ) is an exchange-traded fund that is based on the Roundhill Sports Betting & iGaming index. The fund tracks a tier-weighted index of global companies selected by committee that are involved in the sports betting & iGaming industry. BETZ was launched on Jun 4, 2020 and is managed by Roundhill.