Roundhill Ball Metaverse ETF (NYSEARCA:METV) Trading Up 1% – What’s Next?

Roundhill Ball Metaverse ETF (NYSEARCA:METV)’s stock price shot up 1% on Monday . The company traded as high as $14.42 and last traded at $14.32. 476,936 shares traded hands during trading, an increase of 126% from the average session volume of 211,273 shares. The stock had previously closed at $14.18.

Roundhill Ball Metaverse ETF Stock Performance

The company has a market capitalization of $481.78 million, a price-to-earnings ratio of 31.11 and a beta of 1.56. The firm has a fifty day moving average price of $13.58 and a 200-day moving average price of $13.06.

Institutional Trading of Roundhill Ball Metaverse ETF

A number of institutional investors and hedge funds have recently made changes to their positions in METV. Future Financial Wealth Managment LLC acquired a new position in Roundhill Ball Metaverse ETF during the third quarter valued at approximately $37,000. Ashton Thomas Private Wealth LLC bought a new position in shares of Roundhill Ball Metaverse ETF in the 2nd quarter valued at $112,000. Finally, Flow Traders U.S. LLC raised its holdings in shares of Roundhill Ball Metaverse ETF by 521.2% during the 3rd quarter. Flow Traders U.S. LLC now owns 85,484 shares of the company’s stock worth $1,153,000 after buying an additional 71,722 shares in the last 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.