ProShares Pet Care ETF (BATS:PAWZ) Trading Down 0.6% – Here’s What Happened

ProShares Pet Care ETF (BATS:PAWZ)’s stock price fell 0.6% during trading on Wednesday . The stock traded as low as $53.30 and last traded at $53.42. 2,297 shares were traded during mid-day trading, a decline of 52% from the average session volume of 4,770 shares. The stock had previously closed at $53.76.

ProShares Pet Care ETF Price Performance

The business’s 50-day simple moving average is $55.50 and its two-hundred day simple moving average is $55.42. The stock has a market cap of $57.69 million, a price-to-earnings ratio of 23.65 and a beta of 1.16.

Institutional Investors Weigh In On ProShares Pet Care ETF

Several hedge funds have recently modified their holdings of PAWZ. Jane Street Group LLC acquired a new stake in shares of ProShares Pet Care ETF during the fourth quarter valued at about $337,000. Hazlett Burt & Watson Inc. increased its stake in shares of ProShares Pet Care ETF by 31.8% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 1,243 shares of the company’s stock valued at $67,000 after buying an additional 300 shares during the period. Paller Financial Services Inc acquired a new position in shares of ProShares Pet Care ETF in the fourth quarter valued at approximately $2,022,000. SG Americas Securities LLC raised its holdings in ProShares Pet Care ETF by 21.9% in the 4th quarter. SG Americas Securities LLC now owns 30,548 shares of the company’s stock valued at $1,670,000 after buying an additional 5,497 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new position in ProShares Pet Care ETF in the 3rd quarter valued at approximately $603,000.

About ProShares Pet Care ETF

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.