ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) Trading Up 0.3% – Should You Buy?

ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) were up 0.3% during mid-day trading on Wednesday . The stock traded as high as $45.41 and last traded at $45.41. Approximately 2 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 322 shares. The stock had previously closed at $45.28.

ProShares MSCI Transformational Changes ETF Stock Up 1.1 %

The company has a market cap of $9.16 million, a P/E ratio of 23.82 and a beta of 1.10. The company’s 50-day moving average is $43.92 and its two-hundred day moving average is $42.32.

Institutional Investors Weigh In On ProShares MSCI Transformational Changes ETF

An institutional investor recently raised its position in ProShares MSCI Transformational Changes ETF stock. Essex Financial Services Inc. boosted its stake in ProShares MSCI Transformational Changes ETF (NYSEARCA:ANEW) by 3.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 (SEC).

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.