ProShares Pet Care ETF (BATS:PAWZ) Stock Falls 1.3% – Should You Sell?

by · The Cerbat Gem

ProShares Pet Care ETF (BATS:PAWZ – Get Free Report)’s share price dropped 1.3% on Thursday. The company traded as low as $46.96 and last traded at $46.96. Approximately 888 shares traded hands during trading, a decline of 77% from the average session volume of 3,905 shares. The stock had previously closed at $47.60.

ProShares Pet Care ETF Stock Down 1.3%

The firm has a fifty day moving average price of $50.77 and a 200-day moving average price of $50.07. The firm has a market cap of $50.72 million, a price-to-earnings ratio of 23.65 and a beta of 1.16.

Hedge Funds Weigh In On ProShares Pet Care ETF

An institutional investor recently raised its position in ProShares Pet Care ETF stock. Hazlett Burt & Watson Inc. boosted its holdings in ProShares Pet Care ETF (BATS:PAWZ – Free Report) by 31.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,243 shares of the company’s stock after buying an additional 300 shares during the period. Hazlett Burt & Watson Inc. owned 0.12% of ProShares Pet Care ETF worth $67,000 at the end of the most recent reporting period.

About ProShares Pet Care ETF

(Get Free Report)

The ProShares Pet Care ETF (PAWZ) is an exchange-traded fund that is based on the FactSet Pet Care index. The fund tracks a tier-weighted index of global equities related to pet ownership. PAWZ was launched on Nov 5, 2018 and is managed by ProShares.

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