Main Management ETF Advisors LLC Buys 1,980 Shares of ProShares Online Retail ETF (NYSEARCA:ONLN)

Main Management ETF Advisors LLC increased its stake in ProShares Online Retail ETF (NYSEARCA:ONLN) by 0.8% in the 2nd quarter, Holdings Channel reports. The fund owned 256,740 shares of the company’s stock after buying an additional 1,980 shares during the quarter. ProShares Online Retail ETF comprises about 0.5% of Main Management ETF Advisors LLC’s holdings, making the stock its 24th largest position. Main Management ETF Advisors LLC owned 0.10% of ProShares Online Retail ETF worth $10,436,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in ONLN. SageView Advisory Group LLC purchased a new position in shares of ProShares Online Retail ETF in the 4th quarter worth about $1,145,000. Cetera Investment Advisers lifted its position in ProShares Online Retail ETF by 88.6% in the 1st quarter. Cetera Investment Advisers now owns 63,840 shares of the company’s stock worth $2,508,000 after buying an additional 29,984 shares during the last quarter. SG Americas Securities LLC boosted its stake in ProShares Online Retail ETF by 1.4% in the first quarter. SG Americas Securities LLC now owns 23,189 shares of the company’s stock worth $911,000 after buying an additional 329 shares in the last quarter. Finally, Cetera Advisors LLC grew its position in ProShares Online Retail ETF by 4.5% during the first quarter. Cetera Advisors LLC now owns 62,096 shares of the company’s stock valued at $2,440,000 after acquiring an additional 2,654 shares during the last quarter.

ProShares Online Retail ETF Stock Performance

Shares of ONLN opened at $45.03 on Friday. ProShares Online Retail ETF has a fifty-two week low of $28.50 and a fifty-two week high of $45.04. The firm has a market cap of $110.32 million, a price-to-earnings ratio of 26.58 and a beta of 1.68. The firm has a 50 day moving average price of $40.70 and a 200-day moving average price of $40.22.

ProShares Online Retail ETF Company Profile

The ProShares Online Retail ETF (ONLN) is an exchange-traded fund that is based on the ProShares Online Retail index. The fund tracks a global, modified market-cap weighted index of stocks issued by companies classified as online retailers. ONLN was launched on Jul 13, 2018 and is managed by ProShares.