ProShares Smart Materials ETF (NYSEARCA:TINT) Shares Up 1.3% – Here’s What Happened

ProShares Smart Materials ETF (NYSEARCA:TINT)’s share price rose 1.3% on Monday . The stock traded as high as $33.34 and last traded at $33.34. Approximately 415 shares were traded during mid-day trading, an increase of 16% from the average daily volume of 358 shares. The stock had previously closed at $32.90.

ProShares Smart Materials ETF Price Performance

The company has a 50 day moving average of $32.62 and a 200-day moving average of $30.39. The company has a market cap of $1.67 million, a P/E ratio of 18.76 and a beta of 1.34.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ProShares Smart Materials ETF stock. Jane Street Group LLC increased its stake in ProShares Smart Materials ETF (NYSEARCA:TINT) by 17.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,551 shares of the company’s stock after purchasing an additional 3,146 shares during the period. Jane Street Group LLC owned approximately 43.10% of ProShares Smart Materials ETF worth $607,000 as of its most recent SEC filing.

About ProShares Smart Materials ETF

The ProShares Smart Materials ETF (TINT) is an exchange-traded fund that is based on the Solactive Smart Materials index. The fund tracks a market-cap weighted index of global companies that have significant exposure to smart materials, also known as intelligent or responsive materials. TINT was launched on Oct 26, 2021 and is managed by ProShares.