ProShares Big Data Refiners ETF (NYSEARCA:DAT) Shares Up 1.4% – Still a Buy?

ProShares Big Data Refiners ETF (NYSEARCA:DAT)’s share price shot up 1.4% on Thursday . The stock traded as high as $46.65 and last traded at $46.65. 733 shares traded hands during trading, a decline of 75% from the average session volume of 2,910 shares. The stock had previously closed at $45.99.

ProShares Big Data Refiners ETF Stock Performance

The stock has a market capitalization of $7.00 million, a P/E ratio of 37.53 and a beta of 0.91. The firm has a fifty day moving average price of $45.33 and a two-hundred day moving average price of $43.39.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in ProShares Big Data Refiners ETF stock. Jane Street Group LLC boosted its holdings in shares of ProShares Big Data Refiners ETF (NYSEARCA:DAT) by 17.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,083 shares of the company’s stock after buying an additional 1,037 shares during the quarter. Jane Street Group LLC owned approximately 4.72% of ProShares Big Data Refiners ETF worth $279,000 as of its most recent SEC filing.

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.