ProShares Big Data Refiners ETF (NYSEARCA:DAT) Shares Down 1.7% – Here’s What Happened

ProShares Big Data Refiners ETF (NYSEARCA:DAT)’s stock price fell 1.7% during trading on Thursday . The stock traded as low as $40.58 and last traded at $40.91. Approximately 1,109 shares traded hands during trading, a decline of 53% from the average session volume of 2,344 shares. The stock had previously closed at $41.62.

ProShares Big Data Refiners ETF Stock Performance

The company has a market cap of $4.91 million, a price-to-earnings ratio of 37.53 and a beta of 1.19. The stock’s fifty day moving average is $42.43 and its two-hundred day moving average is $39.43.

Institutional Trading of ProShares Big Data Refiners ETF

Several institutional investors and hedge funds have recently modified their holdings of DAT. Advisory Services Network LLC bought a new position in shares of ProShares Big Data Refiners ETF in the third quarter valued at approximately $126,000. Jane Street Group LLC boosted 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 valued at $279,000 after buying an additional 1,037 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in ProShares Big Data Refiners ETF during the third quarter worth $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.