Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Stock Price Up 0.5% – Time to Buy?

Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ)’s stock price shot up 0.5% during trading on Friday . The company traded as high as $19.21 and last traded at $19.15. 15,328 shares traded hands during trading, an increase of 15% from the average session volume of 13,348 shares. The stock had previously closed at $19.05.

Roundhill Sports Betting & iGaming ETF Price Performance

The firm has a market capitalization of $97.28 million, a PE ratio of 19.48 and a beta of 1.32. The company has a 50-day moving average price of $19.62 and a 200 day moving average price of $18.58.

Institutional Investors Weigh In On Roundhill Sports Betting & iGaming ETF

A hedge fund recently bought a new stake in Roundhill Sports Betting & iGaming ETF stock. Flow Traders U.S. LLC bought a new position in Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 27,657 shares of the company’s stock, valued at approximately $524,000. Flow Traders U.S. LLC owned about 0.54% of Roundhill Sports Betting & iGaming ETF at the end of the most recent quarter.

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.