Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Shares Pass Above 200-Day Moving Average – Time to Sell?

Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $17.91 and traded as high as $20.37. Roundhill Sports Betting & iGaming ETF shares last traded at $20.33, with a volume of 9,108 shares.

Roundhill Sports Betting & iGaming ETF Stock Performance

The business’s 50 day moving average price is $18.99 and its 200-day moving average price is $17.93. The firm has a market cap of $103.58 million, a price-to-earnings ratio of 19.48 and a beta of 1.32.

Institutional Trading of Roundhill Sports Betting & iGaming ETF

A hedge fund recently bought a new position in Roundhill Sports Betting & iGaming ETF stock. Flow Traders U.S. LLC purchased a new stake in Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) in the third quarter, according to its most recent filing with the SEC. The fund purchased 27,657 shares of the company’s stock, valued at approximately $524,000. Flow Traders U.S. LLC owned about 0.54% of Roundhill Sports Betting & iGaming ETF at the end of the most recent quarter.

About Roundhill Sports Betting & iGaming ETF

The Roundhill Sports Betting & iGaming ETF (BETZ) is an exchange-traded fund that is based on the Roundhill Sports Betting & iGaming index. The fund tracks a tier-weighted index of global companies selected by committee that are involved in the sports betting & iGaming industry. BETZ was launched on Jun 4, 2020 and is managed by Roundhill.