Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Trading Up 0.5% – Here’s Why

Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ)’s stock price rose 0.5% during trading on Friday . The stock traded as high as $19.21 and last traded at $19.15. Approximately 15,328 shares were traded during mid-day trading, an increase of 15% from the average daily volume of 13,348 shares. The stock had previously closed at $19.05.

Roundhill Sports Betting & iGaming ETF Price Performance

The company has a market capitalization of $97.28 million, a PE ratio of 19.48 and a beta of 1.32. The company’s fifty day moving average is $19.62 and its 200-day moving average is $18.59.

Institutional Investors Weigh In On 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) in the third quarter, according to the company in 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.

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.