First Trust Indxx Metaverse ETF (NASDAQ:ARVR) Stock Price Down 0.6% – What’s Next?

Posted by Don Miller on Mar 1st, 2026

First Trust Indxx Metaverse ETF (NASDAQ:ARVR – Get Free Report) traded down 0.6% during trading on Friday . The stock traded as low as $46.75 and last traded at $46.6810. 11 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 190 shares. The stock had previously closed at $46.98.

First Trust Indxx Metaverse ETF Price Performance

The stock has a fifty day moving average price of $48.72 and a two-hundred day moving average price of $49.21. The company has a market cap of $4.67 million, a P/E ratio of 29.06 and a beta of 1.18.

First Trust Indxx Metaverse ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were paid a dividend of $0.26 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a $1.04 annualized dividend and a yield of 2.2%.

Hedge Funds Weigh In On First Trust Indxx Metaverse ETF

A hedge fund recently raised its stake in First Trust Indxx Metaverse ETF stock. Envestnet Asset Management Inc. increased its stake in First Trust Indxx Metaverse ETF (NASDAQ:ARVR – Free Report) by 27.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,887 shares of the company’s stock after acquiring an additional 2,364 shares during the period. Envestnet Asset Management Inc. owned approximately 21.77% of First Trust Indxx Metaverse ETF worth $514,000 at the end of the most recent reporting period.

About First Trust Indxx Metaverse ETF

(Get Free Report)

The First Trust Indxx Metaverse ETF (ARVR) is an exchange-traded fund that is based on the Indxx Metaverse index. The fund tracks a modified equal-weighted index of stocks, spanning a broad range of industries globally, that are involved in business activities associated with the Metaverse. ARVR was launched on Apr 19, 2022 and is managed by First Trust.