ProShares Big Data Refiners ETF (NYSEARCA:DAT) Trading 1.9% Higher – Here’s Why

ProShares Big Data Refiners ETF (NYSEARCA:DAT)’s stock price were up 1.9% during mid-day trading on Friday . The stock traded as high as $39.81 and last traded at $39.81. Approximately 328 shares changed hands during trading, a decline of 85% from the average daily volume of 2,241 shares. The stock had previously closed at $39.08.

ProShares Big Data Refiners ETF Trading Up 1.9%

The firm has a fifty day simple moving average of $36.00 and a 200-day simple moving average of $40.61. The stock has a market cap of $5.97 million, a price-to-earnings ratio of 37.53 and a beta of 1.12.

Institutional Investors Weigh In On ProShares Big Data Refiners ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Advisory Services Network LLC bought a new stake in shares of ProShares Big Data Refiners ETF during the third quarter worth $126,000. Jane Street Group LLC raised its position in shares of ProShares Big Data Refiners ETF by 17.2% during the first quarter. Jane Street Group LLC now owns 7,083 shares of the company’s stock worth $279,000 after acquiring an additional 1,037 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in shares of ProShares Big Data Refiners ETF during the third quarter worth $685,000.

About ProShares Big Data Refiners ETF

The ProShares Big Data Refiners ETF (DAT) is an exchange-traded fund that is based on the FactSet Big Data Refiners index, a market-cap-weighted index of global companies focusing on the management, storage, usage, and analysis of large structured and unstructured datasets. DAT was launched on Sep 29, 2021 and is managed by ProShares.