Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Stock Price Down 1.3% – What’s Next?

Shares of Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) traded down 1.3% during mid-day trading on Thursday . The company traded as low as $19.74 and last traded at $19.76. 11,633 shares changed hands during mid-day trading, a decline of 30% from the average session volume of 16,698 shares. The stock had previously closed at $20.03.

Roundhill Sports Betting & iGaming ETF Price Performance

The stock has a market cap of $63.21 million, a price-to-earnings ratio of 22.62 and a beta of 1.35. The firm has a fifty day moving average of $22.41 and a 200 day moving average of $22.94.

Institutional Trading of Roundhill Sports Betting & iGaming ETF

An institutional investor recently bought a new position in Roundhill Sports Betting & iGaming ETF stock. Advisors Preferred LLC bought a new position in shares of Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,920 shares of the company’s stock, valued at approximately $258,000. Advisors Preferred LLC owned about 0.35% of Roundhill Sports Betting & iGaming ETF as of its most recent SEC filing.

Roundhill Sports Betting & iGaming ETF Company Profile

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.