ProShares Global Listed Private Equity ETF (BATS:PEX) Stock Falls 0.1% – Here’s Why

Shares of ProShares Global Listed Private Equity ETF (BATS:PEX) traded down 0.1% on Tuesday. The company traded as low as $22.15 and last traded at $22.15. 1,299 shares traded hands during trading, a decline of 58% from the average session volume of 3,118 shares. The stock had previously closed at $22.17.

ProShares Global Listed Private Equity ETF Stock Down 0.1%

The firm has a market cap of $10.41 million, a PE ratio of 11.41 and a beta of 1.04. The company’s 50 day moving average price is $23.55 and its two-hundred day moving average price is $22.59.

Hedge Funds Weigh In On ProShares Global Listed Private Equity ETF

An institutional investor recently raised its position in ProShares Global Listed Private Equity ETF stock. Beta Wealth Group Inc. boosted its position in ProShares Global Listed Private Equity ETF (BATS:PEX) by 22.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,950 shares of the company’s stock after purchasing an additional 7,033 shares during the period. Beta Wealth Group Inc. owned approximately 8.07% of ProShares Global Listed Private Equity ETF worth $806,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

ProShares Global Listed Private Equity ETF Company Profile

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.