Shares of ProShares Metaverse ETF (NYSEARCA:VERS – Get Free Report) dropped 2.9% on Tuesday . The stock traded as low as $73.06 and last traded at $75.25. Approximately 2,161 shares were traded during mid-day trading, an increase of 571% from the average daily volume of 322 shares. The stock had previously closed at $77.51.
ProShares Metaverse ETF Price Performance
The stock has a fifty day simple moving average of $68.74 and a two-hundred day simple moving average of $62.49. The firm has a market capitalization of $6.77 million, a P/E ratio of 25.65 and a beta of 1.59.
ProShares Metaverse ETF Company Profile
The ProShares Metaverse ETF (VERS) is an exchange-traded fund that is based on the Solactive Metaverse Theme index. The fund tracks a concentrated index of stocks, spanning a broad range of industries globally, that are positioned to benefit from the development and use of the Metaverse. Stocks are selected based on the amount of exposure to the related theme and weighted based on a modified equal weight strategy. VERS was launched on Mar 15, 2022 and is managed by ProShares.
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