ProShares Metaverse ETF (NYSEARCA:VERS) Stock Price Up 0.9%

Shares of ProShares Metaverse ETF (NYSEARCA:VERS) shot up 0.9% on Wednesday . The stock traded as high as $43.66 and last traded at $43.66. 338 shares traded hands during mid-day trading, a decline of 77% from the average session volume of 1,463 shares. The stock had previously closed at $43.25.

ProShares Metaverse ETF Price Performance

The business has a 50 day moving average price of $41.86 and a two-hundred day moving average price of $41.55. The stock has a market cap of $6.11 million, a PE ratio of 27.16 and a beta of 1.66.

Institutional Investors Weigh In On ProShares Metaverse ETF

An institutional investor recently raised its position in ProShares Metaverse ETF stock. Tower Research Capital LLC TRC lifted its holdings in shares of ProShares Metaverse ETF (NYSEARCA:VERS) by 23.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,334 shares of the company’s stock after acquiring an additional 2,127 shares during the quarter. Tower Research Capital LLC TRC owned approximately 6.67% of ProShares Metaverse ETF worth $398,000 as of its most recent filing with the Securities & Exchange Commission.

ProShares Metaverse ETF Company Profile

The ProShares Metaverse ETF (VERS) is an exchange-traded fund that is based on the Solactive Metaverse Theme index. The fund tracks a concentrated index of stocks, spanning a broad range of industries globally, that are positioned to benefit from the development and use of the Metaverse. Stocks are selected based on the amount of exposure to the related theme and weighted based on a modified equal weight strategy.