ProShares Big Data Refiners ETF (NYSEARCA:DAT) Stock Price Down 0.2% – Time to Sell?

ProShares Big Data Refiners ETF (NYSEARCA:DAT) shares dropped 0.2% on Wednesday . The company traded as low as $47.47 and last traded at $47.47. Approximately 1,432 shares were traded during trading, a decline of 32% from the average daily volume of 2,096 shares. The stock had previously closed at $47.55.

ProShares Big Data Refiners ETF Stock Down 0.2%

The stock has a market capitalization of $7.12 million, a price-to-earnings ratio of 37.53 and a beta of 0.91. The business’s 50-day moving average is $46.70 and its two-hundred day moving average is $44.49.

Hedge Funds Weigh In On ProShares Big Data Refiners ETF

A hedge fund recently raised its stake in ProShares Big Data Refiners ETF stock. Jane Street Group LLC increased its holdings in shares of ProShares Big Data Refiners ETF (NYSEARCA:DAT) by 17.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,083 shares of the company’s stock after acquiring an additional 1,037 shares during the quarter. Jane Street Group LLC owned about 4.72% of ProShares Big Data Refiners ETF worth $279,000 at the end of the most recent reporting period.

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.