ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) Shares Up 0.3% – Still a Buy?

ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW)’s share price rose 0.3% during mid-day trading on Monday . The company traded as high as $46.33 and last traded at $46.33. Approximately 33 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 336 shares. The stock had previously closed at $46.21.

ProShares MSCI Transformational Changes ETF Stock Down 0.5 %

The stock has a fifty day moving average of $44.82 and a 200-day moving average of $43.00. The firm has a market capitalization of $9.16 million, a P/E ratio of 23.82 and a beta of 1.10.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in ProShares MSCI Transformational Changes ETF stock. Essex Financial Services Inc. boosted its position in shares of ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) by 3.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,465 shares of the company’s stock after purchasing an additional 243 shares during the quarter. Essex Financial Services Inc. owned about 3.73% of ProShares MSCI Transformational Changes ETF worth $316,000 as of its most recent filing with the Securities and Exchange Commission.

About ProShares MSCI Transformational Changes ETF

The ProShares MSCI Transformational Changes ETF (ANEW) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of global stocks that benefit from transformational changes in peoples work, health care, consumption, and connection.