Moran Wealth Management LLC Buys New Shares in ProShares S&P Global Core Battery Metals ETF $ION

Moran Wealth Management LLC bought a new position in shares of ProShares S&P Global Core Battery Metals ETF (NYSEARCA:ION) during the 1st quarter, HoldingsChannel.com reports. The fund bought 17,667 shares of the company’s stock, valued at approximately $999,000. Moran Wealth Management LLC owned about 0.07% of ProShares S&P Global Core Battery Metals ETF as of its most recent SEC filing.

Separately, Jane Street Group LLC bought a new stake in ProShares S&P Global Core Battery Metals ETF in the fourth quarter valued at $645,000.

ProShares S&P Global Core Battery Metals ETF Stock Performance

Shares of NYSEARCA ION traded down $1.26 during trading on Tuesday, hitting $50.41. 681 shares of the company traded hands, compared to its average volume of 8,781. The firm has a market capitalization of $14.11 million, a price-to-earnings ratio of 16.75 and a beta of 0.99. The business’s fifty day moving average is $58.75 and its 200 day moving average is $58.31. ProShares S&P Global Core Battery Metals ETF has a fifty-two week low of $29.75 and a fifty-two week high of $69.55.

About ProShares S&P Global Core Battery Metals ETF

The Proshares S&P Global Core Battery Metals ETF (ION) is an exchange-traded fund that is based on the S&P Global Core Battery Metals index. The fund tracks an index of companies from around the world that are engaged in the mining of base metals used to produce batteries. ION was launched on Nov 29, 2022 and is managed by ProShares.