Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Stock Passes Above 200 Day Moving Average – Here’s Why

Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $17.91 and traded as high as $20.37. Roundhill Sports Betting & iGaming ETF shares last traded at $20.33, with a volume of 9,108 shares trading hands.

Roundhill Sports Betting & iGaming ETF Trading Down 0.1 %

The stock has a 50-day moving average of $18.96 and a two-hundred day moving average of $17.91. The firm has a market cap of $103.28 million, a price-to-earnings ratio of 19.48 and a beta of 1.32.

Institutional Trading of Roundhill Sports Betting & iGaming ETF

An institutional investor recently bought a new position in Roundhill Sports Betting & iGaming ETF stock. Flow Traders U.S. LLC purchased a new stake in Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 27,657 shares of the company’s stock, valued at approximately $524,000. Flow Traders U.S. LLC owned approximately 0.54% of Roundhill Sports Betting & iGaming ETF as of its most recent filing with the Securities and Exchange Commission.

About Roundhill Sports Betting & iGaming ETF

The Roundhill Sports Betting & iGaming ETF (BETZ) is an exchange-traded fund that is based on the Roundhill Sports Betting & iGaming index. The fund tracks a tier-weighted index of global companies selected by committee that are involved in the sports betting & iGaming industry. BETZ was launched on Jun 4, 2020 and is managed by Roundhill.