ProShares Online Retail ETF (NYSEARCA:ONLN) Stock Price Up 3.3% – What’s Next?

ProShares Online Retail ETF (NYSEARCA:ONLN)’s stock price were up 3.3% during trading on Monday . The stock traded as high as $45.43 and last traded at $45.42. Approximately 5,855 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 15,179 shares. The stock had previously closed at $43.99.

ProShares Online Retail ETF Trading Up 3.3 %

The company’s 50-day simple moving average is $47.33 and its 200 day simple moving average is $45.80. The stock has a market cap of $69.49 million, a P/E ratio of 21.13 and a beta of 1.39.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Advisors Preferred LLC purchased a new position in shares of ProShares Online Retail ETF in the 4th quarter worth about $119,000. Jane Street Group LLC purchased a new position in ProShares Online Retail ETF in the third quarter valued at about $243,000. Envestnet Asset Management Inc. purchased a new position in ProShares Online Retail ETF in the fourth quarter valued at about $447,000. Tower Research Capital LLC TRC grew its position in shares of ProShares Online Retail ETF by 45.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 10,859 shares of the company’s stock valued at $485,000 after acquiring an additional 3,397 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of ProShares Online Retail ETF during the 4th quarter worth approximately $562,000.

About ProShares Online Retail ETF

The ProShares Online Retail ETF (ONLN) is an exchange-traded fund that is based on the ProShares Online Retail index. The fund tracks a global, modified market-cap weighted index of stocks issued by companies classified as online retailers. ONLN was launched on Jul 13, 2018 and is managed by ProShares.