ProShares Online Retail ETF (NYSEARCA:ONLN – Get Free Report) dropped 0.4% during mid-day trading on Tuesday . The stock traded as low as $56.00 and last traded at $56.10. 2,709 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 9,251 shares. The stock had previously closed at $56.34.
ProShares Online Retail ETF Stock Down 0.4%
The firm’s 50-day moving average price is $56.41 and its two-hundred day moving average price is $57.01. The firm has a market capitalization of $64.52 million, a PE ratio of 22.53 and a beta of 1.37.
Hedge Funds Weigh In On ProShares Online Retail ETF
Several institutional investors and hedge funds have recently bought and sold shares of ONLN. HRT Financial LP purchased a new position in ProShares Online Retail ETF during the fourth quarter valued at approximately $1,047,000. LPL Financial LLC boosted its holdings in ProShares Online Retail ETF by 35.4% in the fourth quarter. LPL Financial LLC now owns 36,023 shares of the company’s stock worth $2,134,000 after purchasing an additional 9,414 shares in the last quarter. Tower Research Capital LLC TRC increased its position in ProShares Online Retail ETF by 2,881.9% during the second quarter. Tower Research Capital LLC TRC now owns 9,572 shares of the company’s stock worth $486,000 after buying an additional 9,251 shares during the last quarter. GeoWealth Management LLC acquired a new position in shares of ProShares Online Retail ETF during the 3rd quarter valued at about $441,000. Finally, UBS Group AG grew its holdings in ProShares Online Retail ETF by 3.1% during the third quarter. UBS Group AG now owns 141,825 shares of the company’s stock valued at $8,617,000 after purchasing an additional 4,198 shares during the last quarter.
About ProShares Online Retail ETF
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.
Further Reading
- Five stocks we like better than ProShares Online Retail ETF
- Apple and Broadcom Forge a Decade-Long Silicon Fortress
- SK Hynix’s Nasdaq Listing Could Reset the AI Memory Trade
- The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity
- Palantir’s CEO Just Called Out OpenAI and Anthropic
Receive News & Ratings for ProShares Online Retail ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Online Retail ETF and related companies with MarketBeat.com's FREE daily email newsletter.
