Moulton Wealth Management Inc. Buys Shares of 22,588 ProShares S&P Global Core Battery Metals ETF $ION

Moulton Wealth Management Inc. bought a new stake in ProShares S&P Global Core Battery Metals ETF (NYSEARCA:ION) in the second quarter, Holdings Channel.com reports. The institutional investor bought 22,588 shares of the company’s stock, valued at approximately $1,149,000. ProShares S&P Global Core Battery Metals ETF accounts for approximately 0.8% of Moulton Wealth Management Inc.’s investment portfolio, making the stock its 27th largest holding. Moulton Wealth Management Inc. owned about 0.08% of ProShares S&P Global Core Battery Metals ETF as of its most recent SEC filing.

Separately, Jane Street Group LLC purchased a new position in shares of ProShares S&P Global Core Battery Metals ETF during the second quarter valued at $271,000.

ProShares S&P Global Core Battery Metals ETF Trading Up 4.4%

NYSEARCA:ION opened at $49.47 on Wednesday. The firm has a market capitalization of $12.37 million, a price-to-earnings ratio of 16.75 and a beta of 1.01. ProShares S&P Global Core Battery Metals ETF has a 1-year low of $31.48 and a 1-year high of $69.55. The business’s fifty day moving average price is $51.98 and its 200 day moving average price is $57.29.

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.