METV Stock Summary and Trading Ideas (Roundhill Ball Metaverse ETF | ARCA:METV)

The Roundhill Ball Metaverse ETF ("METV ETF") is designed to offer investors exposure to the Metaverse by providing investment results that closely correspond, before fees and expenses, to the performance of the Ball Metaverse Index ("META Index"). The "Metaverse" is defined as a successor to the current internet that will be interoperable, persistent, synchronous, open to unlimited participants with a fully functioning economy, and an experience that spans the virtual and real world. The Ball Metaverse Index is the first index globally designed to track the performance of the Metaverse. The Index consists of a tiered weight portfolio of globally-listed companies who are actively involved in the Metaverse.

Roundhill Ball Metaverse ETF trades on the ARCA stock market under the symbol METV.

As of January 31, 2025, METV stock price declined to $15.28 with 202,860 million shares trading.

METV has a beta of 1.35, meaning it tends to be more sensitive to market movements. METV has a correlation of 0.69 to the broad based SPY ETF.

METV has a market cap of $335.01 million. This is considered a Small Cap stock.

METV has outperformed the market in the last year with a price return of +32.2% while the SPY ETF gained +24.1%. METV has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +13.0% and +4.7%, respectively, while the SPY returned +4.2% and +1.8%, respectively.

METV support price is $15.09 and resistance is $15.55 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that METV shares will trade within this expected range on the day.