ProShares Online Retail ETF (NYSEARCA:ONLN) Stock Price Up 0.6%

ProShares Online Retail ETF (NYSEARCA:ONLN)’s stock price shot up 0.6% during mid-day trading on Thursday . The company traded as high as $39.46 and last traded at $39.29. 32,972 shares traded hands during trading, an increase of 71% from the average session volume of 19,322 shares. The stock had previously closed at $39.06.

ProShares Online Retail ETF Stock Performance

The firm has a market cap of $120.62 million, a price-to-earnings ratio of 29.65 and a beta of 1.32. The stock has a 50-day moving average of $36.48 and a 200-day moving average of $33.83.

Institutional Trading of ProShares Online Retail ETF

A number of institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. acquired a new position in ProShares Online Retail ETF in the 1st quarter valued at about $56,000. International Assets Investment Management LLC acquired a new position in shares of ProShares Online Retail ETF in the fourth quarter valued at approximately $78,000. Envestnet Asset Management Inc. bought a new position in shares of ProShares Online Retail ETF during the first quarter worth approximately $208,000. Cibc World Market Inc. lifted its holdings in ProShares Online Retail ETF by 9.2% during the 1st quarter. Cibc World Market Inc. now owns 6,862 shares of the company’s stock worth $315,000 after purchasing an additional 580 shares during the last quarter. Finally, HighTower Advisors LLC bought a new stake in ProShares Online Retail ETF in the 1st quarter valued at $327,000.

About ProShares Online Retail ETF

The ProShares Online Retail ETF (ONLN) is an exchange-traded fund that is based on the ProShares Online Retail index. The fund tracks a global, modified market-cap weighted index of stocks issued by companies classified as online retailers. ONLN was launched on Jul 13, 2018 and is managed by ProShares.