ProShares Pet Care ETF (BATS:PAWZ) Stock Price Down 2.5% – Here’s What Happened

by · The Markets Daily

ProShares Pet Care ETF (BATS:PAWZ – Get Free Report) shares dropped 2.5% on Thursday. The company traded as low as $55.07 and last traded at $55.14. Approximately 9,049 shares were traded during mid-day trading, an increase of 148% from the average session volume of 3,644 shares. The stock had previously closed at $56.55.

ProShares Pet Care ETF Trading Down 2.5%

The company has a fifty day moving average price of $50.07 and a two-hundred day moving average price of $51.04. The firm has a market capitalization of $59.55 million, a price-to-earnings ratio of 23.65 and a beta of 1.16.

Hedge Funds Weigh In On ProShares Pet Care ETF

An institutional investor recently raised its position in ProShares Pet Care ETF stock. Citadel Advisors LLC boosted its stake in shares of ProShares Pet Care ETF (BATS:PAWZ – Free Report) by 93.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,063 shares of the company’s stock after buying an additional 4,872 shares during the period. Citadel Advisors LLC owned 0.93% of ProShares Pet Care ETF worth $482,000 at the end of the most recent quarter.

About ProShares Pet Care ETF

(Get Free Report)

The ProShares Pet Care ETF (PAWZ) is an exchange-traded fund that is based on the FactSet Pet Care index. The fund tracks a tier-weighted index of global equities related to pet ownership. PAWZ was launched on Nov 5, 2018 and is managed by ProShares.

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