ProShares Global Listed Private Equity ETF (BATS:PEX) Trading Up 0.8% – Still a Buy?

ProShares Global Listed Private Equity ETF (BATS:PEXGet Free Report)’s share price traded up 0.8% during trading on Tuesday . The company traded as high as $22.57 and last traded at $22.38. Approximately 13,676 shares traded hands during trading, an increase of 274% from the average session volume of 3,660 shares. The stock had previously closed at $22.21.

ProShares Global Listed Private Equity ETF Stock Performance

The business has a 50 day simple moving average of $21.95 and a 200-day simple moving average of $22.80. The firm has a market capitalization of $10.63 million, a price-to-earnings ratio of 11.41 and a beta of 1.04.

Hedge Funds Weigh In On ProShares Global Listed Private Equity ETF

Institutional investors have recently bought and sold shares of the company. Royal Bank of Canada grew its stake in shares of ProShares Global Listed Private Equity ETF by 173.3% in the 4th quarter. Royal Bank of Canada now owns 15,769 shares of the company’s stock valued at $390,000 after buying an additional 9,999 shares during the period. Citadel Advisors LLC acquired a new position in ProShares Global Listed Private Equity ETF in the third quarter valued at approximately $375,000. Jane Street Group LLC acquired a new position in ProShares Global Listed Private Equity ETF in the first quarter valued at approximately $392,000. Cetera Investment Advisers grew its position in ProShares Global Listed Private Equity ETF by 34.1% in the fourth quarter. Cetera Investment Advisers now owns 14,372 shares of the company’s stock worth $355,000 after acquiring an additional 3,654 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in ProShares Global Listed Private Equity ETF by 22.9% during the third quarter. Envestnet Asset Management Inc. now owns 10,003 shares of the company’s stock worth $263,000 after acquiring an additional 1,863 shares during the last quarter.

ProShares Global Listed Private Equity ETF Company Profile

(Get Free Report)

The ProShares Global Listed Private Equity ETF (PEX) is an exchange-traded fund that is based on the LPX Direct Listed Private Equity index, a market-cap-weighted index of publicly traded private equity firms around the world. PEX was launched on Feb 26, 2013 and is managed by ProShares.

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