ProShares S&P Global Core Battery Metals ETF (NYSEARCA:ION) Trading Down 1.4% – Here’s Why

Posted by Alanna Baker on Jul 29th, 2026

ProShares S&P Global Core Battery Metals ETF (NYSEARCA:ION – Get Free Report) shares dropped 1.4% on Tuesday . The stock traded as low as $46.17 and last traded at $46.24. Approximately 1,578 shares traded hands during trading, a decline of 80% from the average daily volume of 8,038 shares. The stock had previously closed at $46.88.

ProShares S&P Global Core Battery Metals ETF Stock Down 1.4%

The stock has a fifty day moving average of $53.22 and a 200-day moving average of $57.70. The stock has a market cap of $11.56 million, a PE ratio of 16.75 and a beta of 0.99.

Institutional Trading of ProShares S&P Global Core Battery Metals ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Moran Wealth Management LLC purchased a new position in shares of ProShares S&P Global Core Battery Metals ETF in the 1st quarter valued at approximately $999,000. Jane Street Group LLC purchased a new stake in shares of ProShares S&P Global Core Battery Metals ETF during the second quarter worth approximately $271,000. Finally, Moulton Wealth Management Inc. purchased a new stake in shares of ProShares S&P Global Core Battery Metals ETF during the second quarter worth approximately $1,149,000.

ProShares S&P Global Core Battery Metals ETF Company Profile

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The Proshares S&P Global Core Battery Metals ETF (ION) is an exchange-traded fund that is based on the S&P Global Core Battery Metals index. The fund tracks an index of companies from around the world that are engaged in the mining of base metals used to produce batteries. ION was launched on Nov 29, 2022 and is managed by ProShares.