ProShares Global Listed Private Equity ETF (BATS:PEX) Share Price Break Above Two Hundred Day Moving Average – Time to Sell?

ProShares Global Listed Private Equity ETF (BATS:PEX) passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $22.81 and traded as high as $23.08. ProShares Global Listed Private Equity ETF shares last traded at $23.07, with a volume of 1,046 shares changing hands.

ProShares Global Listed Private Equity ETF Stock Down 0.2%

The stock has a 50 day simple moving average of $23.02 and a 200 day simple moving average of $22.80. The company has a market cap of $10.82 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

A hedge fund recently raised its position in ProShares Global Listed Private Equity ETF stock. Royal Bank of Canada raised its holdings in shares of ProShares Global Listed Private Equity ETF (BATS:PEX) by 58.3% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,967 shares of the company’s stock after purchasing an additional 9,198 shares during the quarter. Royal Bank of Canada owned 5.31% of ProShares Global Listed Private Equity ETF worth $530,000 at the end of the most recent quarter.

ProShares Global Listed Private Equity ETF Company Profile

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.