Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Trading 0.5% Higher – Should You Buy?

Shares of Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) 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 changed hands during mid-day 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 cap of $97.28 million, a P/E ratio of 19.48 and a beta of 1.32. The company’s 50-day moving average is $19.62 and its two-hundred day moving average is $18.58.

Institutional Trading of Roundhill Sports Betting & iGaming ETF

An institutional investor recently bought a new position in Roundhill Sports Betting & iGaming ETF stock. Flow Traders U.S. LLC acquired a new position in shares of Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 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 as of its most recent SEC filing.

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.