ProShares Online Retail ETF (NYSEARCA:ONLN) Shares Up 0.5% – Here’s What Happened

Shares of ProShares Online Retail ETF (NYSEARCA:ONLN) were up 0.5% on Tuesday. The company traded as high as $55.34 and last traded at $55.34. 391 shares were traded during trading, a decline of 95% from the average daily volume of 8,008 shares. The stock had previously closed at $55.05.

ProShares Online Retail ETF Stock Performance

The company has a market capitalization of $57.00 million, a PE ratio of 22.53 and a beta of 1.37. The firm’s 50-day simple moving average is $57.55 and its 200 day simple moving average is $56.74.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ProShares Online Retail ETF stock. SG Americas Securities LLC boosted its holdings in ProShares Online Retail ETF (NYSEARCA:ONLN) by 6.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 11,045 shares of the company’s stock after purchasing an additional 657 shares during the quarter. SG Americas Securities LLC owned approximately 0.97% of ProShares Online Retail ETF worth $588,000 as of its most recent filing with the Securities and Exchange Commission.

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.