ProShares Global Listed Private Equity ETF (BATS:PEX) Share Price Break Above Two Hundred Day Moving Average – What’s Next?

ProShares Global Listed Private Equity ETF (BATS:PEX)’s share price crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $22.81 and traded as high as $23.08. ProShares Global Listed Private Equity ETF shares last traded at $23.07, with a volume of 1,046 shares traded.

ProShares Global Listed Private Equity ETF Price Performance

The stock has a market capitalization of $10.84 million, a P/E ratio of 11.41 and a beta of 1.04. The company’s 50 day simple moving average is $23.04 and its two-hundred day simple moving average is $22.81.

Institutional Investors Weigh In On ProShares Global Listed Private Equity ETF

A hedge fund recently raised its position in ProShares Global Listed Private Equity ETF stock. Royal Bank of Canada increased its stake in shares of ProShares Global Listed Private Equity ETF (BATS:PEX) by 58.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,967 shares of the company’s stock after purchasing an additional 9,198 shares during the period. Royal Bank of Canada owned approximately 5.31% of ProShares Global Listed Private Equity ETF worth $530,000 as of its most recent SEC filing.

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.