Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Trading Down 1.1% – Time to Sell?

Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ)’s stock price traded down 1.1% on Monday . The stock traded as low as $19.25 and last traded at $19.25. Approximately 81,108 shares were traded during mid-day trading, an increase of 290% from the average daily volume of 20,823 shares. The stock had previously closed at $19.47.

Roundhill Sports Betting & iGaming ETF Stock Down 1.1%

The stock has a market cap of $50.44 million, a P/E ratio of 22.62 and a beta of 1.18. The stock has a fifty day simple moving average of $19.00 and a 200-day simple moving average of $19.22.

Institutional Trading of Roundhill Sports Betting & iGaming ETF

An institutional investor recently bought a new stake in Roundhill Sports Betting & iGaming ETF stock. Advisors Preferred LLC acquired a new position in shares of Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 10,920 shares of the company’s stock, valued at approximately $258,000. Advisors Preferred LLC owned about 0.35% of Roundhill Sports Betting & iGaming ETF at the end of the most recent reporting period.

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.