Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Stock Price Down 1.5% – Time to Sell?

Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ)’s share price fell 1.5% during trading on Monday . The stock traded as low as $20.01 and last traded at $20.04. 24,820 shares changed hands during trading, an increase of 42% from the average session volume of 17,445 shares. The stock had previously closed at $20.35.

Roundhill Sports Betting & iGaming ETF Trading Down 1.5 %

The firm’s fifty day moving average price is $19.84 and its 200 day moving average price is $19.28. The firm has a market capitalization of $73.75 million, a PE ratio of 20.00 and a beta of 1.40.

Institutional Investors Weigh In On Roundhill Sports Betting & iGaming ETF

A hedge fund recently bought a new stake in Roundhill Sports Betting & iGaming ETF stock. Advisors Preferred LLC purchased a new position in Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 3,150 shares of the company’s stock, valued at approximately $59,000. Advisors Preferred LLC owned about 0.06% of Roundhill Sports Betting & iGaming ETF at the end of the most recent reporting period.

About Roundhill Sports Betting & iGaming ETF

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.