ProShares Online Retail ETF (NYSEARCA:ONLN) Stock Price Down 0.3% – What’s Next?

ProShares Online Retail ETF (NYSEARCA:ONLN) traded down 0.3% during trading on Monday . The company traded as low as $44.00 and last traded at $44.94. 21,779 shares changed hands during trading, an increase of 27% from the average session volume of 17,194 shares. The stock had previously closed at $45.07.

ProShares Online Retail ETF Stock Performance

The firm has a 50 day moving average price of $45.62 and a two-hundred day moving average price of $43.06. The company has a market cap of $110.10 million, a P/E ratio of 26.58 and a beta of 1.68.

Institutional Trading of ProShares Online Retail ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. SG Americas Securities LLC raised its stake in shares of ProShares Online Retail ETF by 23.4% during the 3rd quarter. SG Americas Securities LLC now owns 27,268 shares of the company’s stock valued at $1,236,000 after purchasing an additional 5,169 shares during the period. Main Management ETF Advisors LLC grew its stake in ProShares Online Retail ETF by 0.8% during the second quarter. Main Management ETF Advisors LLC now owns 256,740 shares of the company’s stock valued at $10,436,000 after acquiring an additional 1,980 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of ProShares Online Retail ETF during the 3rd quarter valued at $243,000.

ProShares Online Retail ETF Company Profile

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.