Royal Bank of Canada Reduces Stock Position in ProShares Pet Care ETF $PAWZ

Royal Bank of Canada trimmed its holdings in ProShares Pet Care ETF (BATS:PAWZ) by 97.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 906 shares of the company’s stock after selling 35,324 shares during the period. Royal Bank of Canada owned approximately 0.08% of ProShares Pet Care ETF worth $47,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Jane Street Group LLC bought a new position in shares of ProShares Pet Care ETF in the fourth quarter worth $337,000. Hazlett Burt & Watson Inc. raised its stake in shares of ProShares Pet Care ETF by 31.8% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 1,243 shares of the company’s stock valued at $67,000 after purchasing an additional 300 shares during the period. Flow Traders U.S. LLC purchased a new stake in ProShares Pet Care ETF during the 3rd quarter worth about $603,000. Bank of America Corp DE lifted its holdings in ProShares Pet Care ETF by 697.3% during the 2nd quarter. Bank of America Corp DE now owns 28,353 shares of the company’s stock worth $1,642,000 after purchasing an additional 24,797 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in ProShares Pet Care ETF during the 2nd quarter worth about $155,000.

ProShares Pet Care ETF Stock Up 0.2%

Shares of BATS PAWZ opened at $51.95 on Thursday. The company has a market cap of $56.11 million, a P/E ratio of 23.65 and a beta of 1.16. ProShares Pet Care ETF has a 52 week low of $45.96 and a 52 week high of $58.24. The business has a 50-day simple moving average of $50.52 and a two-hundred day simple moving average of $50.81.

ProShares Pet Care ETF Profile

The ProShares Pet Care ETF (PAWZ) is an exchange-traded fund that is based on the FactSet Pet Care index. The fund tracks a tier-weighted index of global equities related to pet ownership. PAWZ was launched on Nov 5, 2018 and is managed by ProShares.