ProShares Global Listed Private Equity ETF (BATS:PEX) Shares Climb 1% – Here’s What Happened
by Michael Walen · The Markets DailyProShares Global Listed Private Equity ETF (BATS:PEX – Get Free Report) shares were up 1% during mid-day trading on Tuesday. The stock traded as high as $22.61 and last traded at $22.61. 802 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 3,036 shares. The stock had previously closed at $22.38.
ProShares Global Listed Private Equity ETF Stock Performance
The company has a 50-day moving average of $23.08 and a 200-day moving average of $22.83. The firm has a market capitalization of $10.63 million, a price-to-earnings ratio of 11.41 and a beta of 1.04.
Institutional Inflows and Outflows
A hedge fund recently raised its position in ProShares Global Listed Private Equity ETF stock. Royal Bank of Canada lifted its stake in shares of ProShares Global Listed Private Equity ETF (BATS:PEX – Free Report) by 58.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,967 shares of the company’s stock after acquiring an additional 9,198 shares during the period. Royal Bank of Canada owned approximately 5.31% of ProShares Global Listed Private Equity ETF worth $530,000 at the end of the most recent quarter.
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.
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