ProShares Big Data Refiners ETF (NYSEARCA:DAT) Stock Price Down 2% – Time to Sell?

ProShares Big Data Refiners ETF (NYSEARCA:DAT) shares traded down 2% during trading on Monday . The stock traded as low as $39.65 and last traded at $39.65. 383 shares were traded during mid-day trading, a decline of 84% from the average session volume of 2,414 shares. The stock had previously closed at $40.47.

ProShares Big Data Refiners ETF Stock Performance

The firm has a market capitalization of $5.95 million, a P/E ratio of 37.53 and a beta of 1.19. The stock has a fifty day moving average price of $39.48 and a two-hundred day moving average price of $39.89.

Hedge Funds Weigh In On ProShares Big Data Refiners ETF

A number of hedge funds have recently added to or reduced their stakes in DAT. Advisory Services Network LLC bought a new stake in ProShares Big Data Refiners ETF during the third quarter valued at $126,000. Jane Street Group LLC lifted its position in shares of ProShares Big Data Refiners ETF by 17.2% in the 1st quarter. Jane Street Group LLC now owns 7,083 shares of the company’s stock worth $279,000 after buying an additional 1,037 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of ProShares Big Data Refiners ETF in the 3rd quarter worth about $685,000.

ProShares Big Data Refiners ETF Company Profile

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.