ProShares Online Retail ETF (NYSEARCA:ONLN) Stock Price Down 0.6% – What’s Next?

ProShares Online Retail ETF (NYSEARCA:ONLN) shares traded down 0.6% on Wednesday . The stock traded as low as $46.13 and last traded at $46.18. 14,626 shares changed hands during trading, a decline of 9% from the average session volume of 16,118 shares. The stock had previously closed at $46.45.

ProShares Online Retail ETF Stock Down 0.6 %

The company’s 50-day simple moving average is $45.02 and its 200 day simple moving average is $42.17. The stock has a market capitalization of $113.14 million, a price-to-earnings ratio of 26.58 and a beta of 1.68.

Institutional Trading of ProShares Online Retail ETF

Several large investors have recently modified their holdings of ONLN. Main Management ETF Advisors LLC lifted its position in ProShares Online Retail ETF by 0.8% during the 2nd quarter. Main Management ETF Advisors LLC now owns 256,740 shares of the company’s stock worth $10,436,000 after acquiring an additional 1,980 shares during the last quarter. Cetera Advisors LLC boosted its holdings in ProShares Online Retail ETF by 4.5% in the 1st quarter. Cetera Advisors LLC now owns 62,096 shares of the company’s stock valued at $2,440,000 after purchasing an additional 2,654 shares during the period. SG Americas Securities LLC grew its position in ProShares Online Retail ETF by 23.4% in the 3rd quarter. SG Americas Securities LLC now owns 27,268 shares of the company’s stock worth $1,236,000 after purchasing an additional 5,169 shares during the last quarter. Jane Street Group LLC bought a new position in shares of ProShares Online Retail ETF during the 3rd quarter worth about $243,000. Finally, Cetera Investment Advisers raised its position in shares of ProShares Online Retail ETF by 88.6% during the first quarter. Cetera Investment Advisers now owns 63,840 shares of the company’s stock valued at $2,508,000 after buying an additional 29,984 shares during the last quarter.

ProShares Online Retail ETF Company Profile

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.