ProShares Smart Materials ETF (NYSEARCA:TINT) Trading 3.5% Higher – Here’s What Happened

ProShares Smart Materials ETF (NYSEARCA:TINT) traded up 3.5% on Tuesday . The stock traded as high as $35.74 and last traded at $35.74. 43 shares traded hands during trading, a decline of 93% from the average session volume of 584 shares. The stock had previously closed at $34.54.

ProShares Smart Materials ETF Stock Performance

The business has a fifty day simple moving average of $36.97 and a 200-day simple moving average of $34.56. The firm has a market cap of $1.79 million, a price-to-earnings ratio of 18.76 and a beta of 1.23.

Institutional Trading of ProShares Smart Materials ETF

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

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.