ProShares Online Retail ETF (NYSEARCA:ONLN) Shares Down 0.3% – Here’s What Happened

Shares of ProShares Online Retail ETF (NYSEARCA:ONLN) traded down 0.3% during trading on Thursday . The stock traded as low as $52.09 and last traded at $53.16. 1,106 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 11,156 shares. The stock had previously closed at $53.33.

ProShares Online Retail ETF Stock Performance

The firm has a market cap of $64.86 million, a P/E ratio of 22.53 and a beta of 1.36. The firm’s fifty day simple moving average is $55.20 and its 200 day simple moving average is $58.42.

Hedge Funds Weigh In On ProShares Online Retail ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. UBS Group AG grew its holdings in ProShares Online Retail ETF by 2.4% during the 4th quarter. UBS Group AG now owns 145,201 shares of the company’s stock valued at $8,602,000 after buying an additional 3,376 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of ProShares Online Retail ETF by 0.8% during the 2nd quarter. Bank of America Corp DE now owns 96,573 shares of the company’s stock worth $4,900,000 after acquiring an additional 794 shares in the last quarter. LPL Financial LLC raised its holdings in shares of ProShares Online Retail ETF by 35.4% during the 4th quarter. LPL Financial LLC now owns 36,023 shares of the company’s stock worth $2,134,000 after acquiring an additional 9,414 shares in the last quarter. HRT Financial LP bought a new position in shares of ProShares Online Retail ETF during the 4th quarter valued at approximately $1,047,000. Finally, Rockefeller Capital Management L.P. boosted its position in shares of ProShares Online Retail ETF by 32.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 12,075 shares of the company’s stock valued at $715,000 after acquiring an additional 2,938 shares during the last quarter.

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.