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

Shares of ProShares Global Listed Private Equity ETF (BATS:PEX) 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.

ProShares Global Listed Private Equity ETF Price Performance

The firm has a 50 day moving average of $23.04 and a 200-day moving average of $22.81. The stock has a market capitalization of $10.84 million, a P/E ratio of 11.41 and a beta of 1.04.

Institutional Investors Weigh In On ProShares Global Listed Private Equity ETF

An institutional investor recently raised its stake in ProShares Global Listed Private Equity ETF stock. Royal Bank of Canada increased its holdings in ProShares Global Listed Private Equity ETF (BATS:PEX) by 58.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor 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 at the end of the most recent quarter.

ProShares Global Listed Private Equity ETF Company Profile

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.