Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Shares Up 0.5% – Here’s Why

Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ)’s share price shot up 0.5% on Friday . The company traded as high as $19.21 and last traded at $19.15. 15,328 shares changed hands during trading, an increase of 15% from the average session volume of 13,348 shares. The stock had previously closed at $19.05.

Roundhill Sports Betting & iGaming ETF Stock Performance

The company’s 50 day simple moving average is $19.62 and its 200-day simple moving average is $18.59. The firm has a market capitalization of $97.28 million, a PE ratio of 19.48 and a beta of 1.32.

Hedge Funds Weigh In On Roundhill Sports Betting & iGaming ETF

An institutional investor recently bought a new position in Roundhill Sports Betting & iGaming ETF stock. Flow Traders U.S. LLC bought a new stake in shares of Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 27,657 shares of the company’s stock, valued at approximately $524,000. Flow Traders U.S. LLC owned about 0.54% of Roundhill Sports Betting & iGaming ETF at the end of the most recent reporting period.

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.