Roundhill Ball Metaverse ETF (NYSEARCA:METV – Get Free Report) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 39,517 shares, a decline of 64.3% from the June 30th total of 110,552 shares. Based on an average daily volume of 56,505 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the company’s stock are short sold.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the business. Marshall Wace LLP purchased a new stake in Roundhill Ball Metaverse ETF during the 2nd quarter worth approximately $244,000. JPMorgan Chase & Co. raised its holdings in Roundhill Ball Metaverse ETF by 2,778.4% in the third quarter. JPMorgan Chase & Co. now owns 16,263 shares of the company’s stock valued at $335,000 after acquiring an additional 15,698 shares in the last quarter. Finally, GM Advisory Group LLC boosted its stake in Roundhill Ball Metaverse ETF by 1.6% during the 4th quarter. GM Advisory Group LLC now owns 166,602 shares of the company’s stock valued at $3,129,000 after acquiring an additional 2,650 shares during the last quarter.
Roundhill Ball Metaverse ETF Stock Performance
METV opened at $18.31 on Monday. Roundhill Ball Metaverse ETF has a twelve month low of $15.16 and a twelve month high of $21.41. The firm has a market cap of $209.28 million, a price-to-earnings ratio of 26.20 and a beta of 1.42. The company has a fifty day simple moving average of $18.64 and a 200 day simple moving average of $17.84.
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. METV was launched on Jun 30, 2021 and is managed by Roundhill.
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