Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Trading Up 2% – Time to Buy?

Shares of Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) rose 2% on Monday . The stock traded as high as $20.10 and last traded at $20.10. Approximately 11,501 shares were traded during mid-day trading, a decline of 31% from the average daily volume of 16,554 shares. The stock had previously closed at $19.70.

Roundhill Sports Betting & iGaming ETF Trading Up 2.0 %

The stock’s 50-day moving average is $20.04 and its 200-day moving average is $19.46. The stock has a market cap of $70.95 million, a P/E ratio of 19.55 and a beta of 1.39.

Institutional Trading of Roundhill Sports Betting & iGaming ETF

A hedge fund recently bought a new stake in Roundhill Sports Betting & iGaming ETF stock. Flow Traders U.S. LLC bought a new position in shares of Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 27,657 shares of the company’s stock, valued at approximately $524,000. Flow Traders U.S. LLC owned 0.54% of Roundhill Sports Betting & iGaming ETF as of its most recent SEC filing.

Roundhill Sports Betting & iGaming ETF Company Profile

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.