Franklin Exponential Data ETF (BATS:XDAT) Trading Up 4.1% – What’s Next?

Franklin Exponential Data ETF (BATS:XDAT)’s stock price shot up 4.1% on Monday . The stock traded as high as $26.18 and last traded at $26.80. 428 shares changed hands during trading, a decline of 69% from the average session volume of 1,369 shares. The stock had previously closed at $25.74.

Franklin Exponential Data ETF Price Performance

The company has a market capitalization of $4.02 million, a P/E ratio of 45.15 and a beta of 1.11. The company has a fifty day moving average price of $26.64 and a two-hundred day moving average price of $25.17.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Franklin Exponential Data ETF stock. Truist Financial Corp raised its holdings in Franklin Exponential Data ETF (BATS:XDAT) by 5.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,942 shares of the company’s stock after purchasing an additional 1,310 shares during the quarter. Truist Financial Corp owned 17.29% of Franklin Exponential Data ETF worth $709,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.