ProShares Metaverse ETF (NYSEARCA:VERS) Trading 2.3% Higher – Time to Buy?

ProShares Metaverse ETF (NYSEARCA:VERSGet Free Report)’s share price were up 2.3% during mid-day trading on Monday . The stock traded as high as $69.60 and last traded at $69.60. Approximately 370 shares changed hands during trading, an increase of 24% from the average daily volume of 298 shares. The stock had previously closed at $68.02.

ProShares Metaverse ETF Price Performance

The stock has a market capitalization of $6.26 million, a P/E ratio of 25.65 and a beta of 1.59. The stock’s 50-day simple moving average is $74.31 and its 200 day simple moving average is $65.47.

ProShares Metaverse ETF Company Profile

(Get Free Report)

The ProShares Metaverse ETF (VERS) is an exchange-traded fund that is based on the Solactive Metaverse Theme index. The fund tracks a concentrated index of stocks, spanning a broad range of industries globally, that are positioned to benefit from the development and use of the Metaverse. Stocks are selected based on the amount of exposure to the related theme and weighted based on a modified equal weight strategy. VERS was launched on Mar 15, 2022 and is managed by ProShares.

Further Reading

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