Moran Wealth Management LLC Purchases Shares of 17,667 ProShares S&P Global Core Battery Metals ETF $ION

Moran Wealth Management LLC acquired a new position in ProShares S&P Global Core Battery Metals ETF (NYSEARCA:ION) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 17,667 shares of the company’s stock, valued at approximately $999,000. Moran Wealth Management LLC owned approximately 7.07% of ProShares S&P Global Core Battery Metals ETF at the end of the most recent quarter.

Separately, Jane Street Group LLC bought a new stake in shares of ProShares S&P Global Core Battery Metals ETF during the 2nd quarter valued at about $271,000.

ProShares S&P Global Core Battery Metals ETF Trading Down 2.4%

NYSEARCA ION traded down $1.26 during trading hours on Tuesday, hitting $50.41. 681 shares of the company’s stock were exchanged, compared to its average volume of 8,781. The stock has a 50-day simple moving average of $58.75 and a 200 day simple moving average of $58.31. ProShares S&P Global Core Battery Metals ETF has a 1-year low of $29.75 and a 1-year high of $69.55. The firm has a market cap of $14.11 million, a price-to-earnings ratio of 16.75 and a beta of 0.99.

ProShares S&P Global Core Battery Metals ETF Company Profile

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.