ProShares Global Listed Private Equity ETF (BATS:PEX) Stock Price Up 1.8% – Should You Buy?

ProShares Global Listed Private Equity ETF (BATS:PEX)’s stock price traded up 1.8% during mid-day trading on Tuesday . The company traded as high as $23.76 and last traded at $23.76. 941 shares traded hands during trading, a decline of 73% from the average session volume of 3,499 shares. The stock had previously closed at $23.35.

ProShares Global Listed Private Equity ETF Trading Up 0.7%

The firm has a market cap of $11.16 million, a PE ratio of 11.41 and a beta of 1.04. The firm has a fifty day simple moving average of $22.19 and a two-hundred day simple moving average of $22.59.

Institutional Trading of ProShares Global Listed Private Equity ETF

Large investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new position in ProShares Global Listed Private Equity ETF in the 2nd quarter worth $85,000. Envestnet Asset Management Inc. increased its position in shares of ProShares Global Listed Private Equity ETF by 22.9% during the third quarter. Envestnet Asset Management Inc. now owns 10,003 shares of the company’s stock valued at $263,000 after buying an additional 1,863 shares during the period. Jane Street Group LLC raised its stake in ProShares Global Listed Private Equity ETF by 51.4% in the fourth quarter. Jane Street Group LLC now owns 13,701 shares of the company’s stock worth $339,000 after buying an additional 4,652 shares in the last quarter. Citadel Advisors LLC bought a new position in ProShares Global Listed Private Equity ETF in the third quarter worth about $375,000. Finally, Cetera Investment Advisers lifted its holdings in ProShares Global Listed Private Equity ETF by 34.1% in the fourth quarter. Cetera Investment Advisers now owns 14,372 shares of the company’s stock worth $355,000 after buying an additional 3,654 shares during the period.

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.