Roundhill Ball Metaverse ETF (NYSEARCA:METV) Shares Down 3.1%

Roundhill Ball Metaverse ETF (NYSEARCA:METV)’s share price dropped 3.1% during trading on Tuesday . The stock traded as low as $12.44 and last traded at $12.49. Approximately 155,904 shares changed hands during trading, a decline of 32% from the average daily volume of 229,603 shares. The stock had previously closed at $12.89.

Roundhill Ball Metaverse ETF Stock Down 3.1 %

The stock has a market capitalization of $419.04 million, a P/E ratio of 31.11 and a beta of 1.56. The company has a fifty day simple moving average of $12.89 and a two-hundred day simple moving average of $12.56.

Institutional Trading of Roundhill Ball Metaverse ETF

An institutional investor recently bought a new position in Roundhill Ball Metaverse ETF stock. Future Financial Wealth Managment LLC bought a new stake in Roundhill Ball Metaverse ETF (NYSEARCA:METV) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,264 shares of the company’s stock, valued at approximately $41,000.

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.