ProShares Global Listed Private Equity ETF (BATS:PEX) Stock Price Down 0.8% – Here’s What Happened

ProShares Global Listed Private Equity ETF (BATS:PEX) dropped 0.8% during trading on Tuesday . The company traded as low as $21.28 and last traded at $21.28. 737 shares were traded during trading, a decline of 80% from the average daily volume of 3,733 shares. The stock had previously closed at $21.46.

ProShares Global Listed Private Equity ETF Stock Performance

The firm has a market capitalization of $10.00 million, a PE ratio of 11.41 and a beta of 1.04. The company’s fifty day moving average price is $22.21 and its two-hundred day moving average price is $23.17.

Hedge Funds Weigh In On ProShares Global Listed Private Equity ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada boosted its holdings in shares of ProShares Global Listed Private Equity ETF by 173.3% in the 4th quarter. Royal Bank of Canada now owns 15,769 shares of the company’s stock valued at $390,000 after purchasing an additional 9,999 shares during the last quarter. Citadel Advisors LLC acquired a new stake in shares of ProShares Global Listed Private Equity ETF during the 3rd quarter worth $375,000. Jane Street Group LLC acquired a new stake in shares of ProShares Global Listed Private Equity ETF during the 1st quarter worth $392,000. Cetera Investment Advisers raised its position in shares of ProShares Global Listed Private Equity ETF by 34.1% in the 4th quarter. Cetera Investment Advisers now owns 14,372 shares of the company’s stock worth $355,000 after buying an additional 3,654 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in shares of ProShares Global Listed Private Equity ETF by 22.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 10,003 shares of the company’s stock worth $263,000 after buying an additional 1,863 shares during the period.

About ProShares Global Listed Private Equity ETF

The ProShares Global Listed Private Equity ETF (PEX) is an exchange-traded fund that is based on the LPX Direct Listed Private Equity index, a market-cap-weighted index of publicly traded private equity firms around the world. PEX was launched on Feb 26, 2013 and is managed by ProShares.