ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) Trading Up 0.3% – Time to Buy?

Shares of ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) traded up 0.3% during mid-day trading on Wednesday . The stock traded as high as $45.41 and last traded at $45.41. 2 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 322 shares. The stock had previously closed at $45.28.

ProShares MSCI Transformational Changes ETF Stock Performance

The company has a 50 day simple moving average of $43.75 and a 200 day simple moving average of $42.27. The company has a market capitalization of $9.08 million, a PE ratio of 23.82 and a beta of 1.10.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in ProShares MSCI Transformational Changes ETF stock. Essex Financial Services Inc. boosted its holdings in shares of ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) by 3.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,465 shares of the company’s stock after acquiring an additional 243 shares during the quarter. Essex Financial Services Inc. owned about 3.73% of ProShares MSCI Transformational Changes ETF worth $316,000 at the end of the most recent quarter.

About ProShares MSCI Transformational Changes ETF

The ProShares MSCI Transformational Changes ETF (ANEW) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global stocks that benefit from transformational changes in peoples work, health care, consumption, and connection.