ProShares Online Retail ETF (NYSEARCA:ONLN – Get Free Report) shares were down 2.9% on Monday . The stock traded as low as $44.99 and last traded at $45.22. Approximately 8,834 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 9,636 shares. The stock had previously closed at $46.56.
ProShares Online Retail ETF Price Performance
The stock’s 50-day moving average is $47.70 and its 200 day moving average is $45.38. The company has a market cap of $70.54 million, a PE ratio of 22.80 and a beta of 1.32.
Hedge Funds Weigh In On ProShares Online Retail ETF
Institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC grew its holdings in shares of ProShares Online Retail ETF by 16.6% in the fourth quarter. SG Americas Securities LLC now owns 31,790 shares of the company’s stock valued at $1,421,000 after purchasing an additional 4,522 shares in the last quarter. Two Sigma Investments LP acquired a new position in shares of ProShares Online Retail ETF in the fourth quarter valued at approximately $925,000. Raymond James Financial Inc. acquired a new position in shares of ProShares Online Retail ETF in the fourth quarter valued at approximately $562,000. Tower Research Capital LLC TRC grew its holdings in shares of ProShares Online Retail ETF by 45.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 10,859 shares of the company’s stock valued at $485,000 after purchasing an additional 3,397 shares in the last quarter. Finally, Envestnet Asset Management Inc. acquired a new position in ProShares Online Retail ETF during the 4th quarter worth approximately $447,000.
ProShares Online Retail ETF Company Profile
The ProShares Online Retail ETF (ONLN) is an exchange-traded fund that is based on the ProShares Online Retail index. The fund tracks a global, modified market-cap weighted index of stocks issued by companies classified as online retailers. ONLN was launched on Jul 13, 2018 and is managed by ProShares.
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