Roundhill Ball Metaverse ETF (NYSEARCA:METV) Stock Price Up 0.6% – Should You Buy?

Roundhill Ball Metaverse ETF (NYSEARCA:METV)’s stock price traded up 0.6% during mid-day trading on Friday . The company traded as high as $13.55 and last traded at $13.46. 105,216 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 211,496 shares. The stock had previously closed at $13.38.

Roundhill Ball Metaverse ETF Trading Up 0.6 %

The stock has a market cap of $451.42 million, a P/E ratio of 31.11 and a beta of 1.56. The firm’s fifty day moving average is $13.12 and its 200 day moving average is $12.80.

Hedge Funds Weigh In On Roundhill Ball Metaverse ETF

A hedge fund recently bought a new stake in Roundhill Ball Metaverse ETF stock. Future Financial Wealth Managment LLC bought a new stake in Roundhill Ball Metaverse ETF (NYSEARCA:METV) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 2,764 shares of the company’s stock, valued at approximately $37,000.

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.