ProShares Smart Materials ETF (NYSEARCA:TINT) Stock Price Up 0.8% – What’s Next?

Shares of ProShares Smart Materials ETF (NYSEARCA:TINT) traded up 0.8% during trading on Wednesday . The stock traded as high as $33.35 and last traded at $33.35. 38 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 356 shares. The stock had previously closed at $33.07.

ProShares Smart Materials ETF Stock Up 0.8%

The stock’s 50 day moving average price is $32.81 and its two-hundred day moving average price is $31.69. The stock has a market cap of $1.67 million, a price-to-earnings ratio of 18.76 and a beta of 1.23.

Hedge Funds Weigh In On ProShares Smart Materials ETF

A hedge fund recently raised its stake in ProShares Smart Materials ETF stock. Jane Street Group LLC grew its position in ProShares Smart Materials ETF (NYSEARCA:TINT) by 17.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,551 shares of the company’s stock after acquiring an additional 3,146 shares during the period. Jane Street Group LLC owned about 43.10% of ProShares Smart Materials ETF worth $607,000 at the end of the most recent quarter.

ProShares Smart Materials ETF Company Profile

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.