iBET Sports Betting & Gaming ETF (NYSEARCA:IBET) Shares Down 1.4%

iBET Sports Betting & Gaming ETF (NYSEARCA:IBETGet Rating)’s stock price was down 1.4% during mid-day trading on Friday . The stock traded as low as $9.51 and last traded at $9.51. Approximately 67 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 1,692 shares. The stock had previously closed at $9.65.

iBET Sports Betting & Gaming ETF Trading Down 1.4 %

The company has a fifty day simple moving average of $10.01 and a 200-day simple moving average of $9.24. The company has a market capitalization of $1.33 million, a PE ratio of 11.93 and a beta of 1.33.

Institutional Trading of iBET Sports Betting & Gaming ETF

A hedge fund recently bought a new stake in iBET Sports Betting & Gaming ETF stock. Jane Street Group LLC bought a new stake in iBET Sports Betting & Gaming ETF (NYSEARCA:IBETGet Rating) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 19,210 shares of the company’s stock, valued at approximately $171,000. Jane Street Group LLC owned approximately 13.72% of iBET Sports Betting & Gaming ETF as of its most recent SEC filing.

About iBET Sports Betting & Gaming ETF

(Get Rating)

The iBET Sports Betting & Gaming ETF (IBET) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund is an actively managed fund that invests in global companies engaged in sports betting and gaming activities, including esports and iGaming. IBET was launched on Nov 16, 2021 and is managed by Inherent.

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