Franklin Exponential Data ETF (BATS:XDAT) Trading Up 1.6% – Here’s What Happened

Shares of Franklin Exponential Data ETF (BATS:XDAT) were up 1.6% on Tuesday . The stock traded as high as $26.19 and last traded at $26.81. Approximately 283 shares changed hands during trading, a decline of 81% from the average daily volume of 1,478 shares. The stock had previously closed at $26.39.

Franklin Exponential Data ETF Trading Up 1.6%

The company has a market capitalization of $4.02 million, a price-to-earnings ratio of 45.15 and a beta of 1.11. The company has a 50-day moving average of $25.17 and a 200-day moving average of $25.09.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Franklin Exponential Data ETF stock. Harbour Investments Inc. grew its position in Franklin Exponential Data ETF (BATS:XDAT) by 154.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,105 shares of the company’s stock after buying an additional 3,102 shares during the quarter. Harbour Investments Inc. owned 2.55% of Franklin Exponential Data ETF worth $115,000 as of its most recent filing with the Securities and Exchange Commission.

About Franklin Exponential Data ETF

The Franklin Exponential Data ETF (XDAT) is an exchange-traded fund that mostly invests in information technology equity. The fund is actively-managed to invest in global companies believed to benefit from or facilitate Big Data and its applications such as AI, augmented and virtual reality, software-as-a-service, and personalized advertising and healthcare.