Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Trading Up 2% – Should You Buy?

Shares of Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) traded up 2% during mid-day trading on Monday . The company traded as high as $20.10 and last traded at $20.10. 11,501 shares changed hands during mid-day trading, a decline of 31% from the average session volume of 16,554 shares. The stock had previously closed at $19.70.

Roundhill Sports Betting & iGaming ETF Price Performance

The business’s 50 day moving average price is $20.06 and its 200-day moving average price is $19.48. The company has a market cap of $69.12 million, a P/E ratio of 19.55 and a beta of 1.39.

Institutional Trading of Roundhill Sports Betting & iGaming ETF

An institutional investor recently bought a new position in Roundhill Sports Betting & iGaming ETF stock. Advisors Preferred LLC acquired a new position in shares of Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,150 shares of the company’s stock, valued at approximately $59,000. Advisors Preferred LLC owned about 0.06% of Roundhill Sports Betting & iGaming ETF as of its most recent SEC filing.

About Roundhill Sports Betting & iGaming ETF

The Roundhill Sports Betting & iGaming ETF (BETZ) is an exchange-traded fund that is based on the Roundhill Sports Betting & iGaming index. The fund tracks a tier-weighted index of global companies selected by committee that are involved in the sports betting & iGaming industry. BETZ was launched on Jun 4, 2020 and is managed by Roundhill.