ProShares Big Data Refiners ETF (NYSEARCA:DAT) Stock Price Up 2.7% – Still a Buy?

ProShares Big Data Refiners ETF (NYSEARCA:DAT) shares shot up 2.7% on Monday . The stock traded as high as $37.78 and last traded at $37.78. 621 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 2,539 shares. The stock had previously closed at $36.80.

ProShares Big Data Refiners ETF Price Performance

The company has a market capitalization of $5.67 million, a P/E ratio of 37.53 and a beta of 1.17. The business’s 50-day moving average price is $43.75 and its two-hundred day moving average price is $45.53.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Advisory Services Network LLC acquired a new stake in shares of ProShares Big Data Refiners ETF during the third quarter worth about $126,000. Jane Street Group LLC grew its position in shares of ProShares Big Data Refiners ETF by 17.2% in the 1st quarter. Jane Street Group LLC now owns 7,083 shares of the company’s stock valued at $279,000 after purchasing an additional 1,037 shares during the period. Finally, Flow Traders U.S. LLC bought a new stake in ProShares Big Data Refiners ETF during the 3rd quarter worth approximately $685,000.

ProShares Big Data Refiners ETF Company Profile

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.