ProShares Global Listed Private Equity ETF (BATS:PEX) Stock Price Down 0.3% – Here’s Why

ProShares Global Listed Private Equity ETF (BATS:PEX) shares were down 0.3% on Tuesday . The company traded as low as $23.42 and last traded at $23.42. Approximately 202 shares were traded during trading, a decline of 94% from the average daily volume of 3,274 shares. The stock had previously closed at $23.49.

ProShares Global Listed Private Equity ETF Price Performance

The firm has a market capitalization of $11.12 million, a P/E ratio of 11.41 and a beta of 1.04. The business’s 50-day moving average is $23.44 and its 200 day moving average is $22.53.

Institutional Investors Weigh In On ProShares Global Listed Private Equity ETF

An institutional investor recently raised its position in ProShares Global Listed Private Equity ETF stock. Beta Wealth Group Inc. grew its stake in shares of ProShares Global Listed Private Equity ETF (BATS:PEX) by 22.7% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 37,950 shares of the company’s stock after acquiring an additional 7,033 shares during the quarter. Beta Wealth Group Inc. owned about 8.07% of ProShares Global Listed Private Equity ETF worth $806,000 as of its most recent SEC filing.

About ProShares Global Listed Private Equity ETF

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.