ProShares Big Data Refiners ETF (NYSEARCA:DAT) Shares Up 0.1% – Still a Buy?

Shares of ProShares Big Data Refiners ETF (NYSEARCA:DAT) shot up 0.1% during mid-day trading on Monday . The stock traded as high as $34.78 and last traded at $34.69. 407 shares were traded during trading, a decline of 77% from the average session volume of 1,780 shares. The stock had previously closed at $34.67.

ProShares Big Data Refiners ETF Trading Up 0.1%

The firm has a market capitalization of $5.20 million, a price-to-earnings ratio of 37.53 and a beta of 1.17. The company has a 50-day moving average of $36.62 and a 200-day moving average of $42.78.

Institutional Investors Weigh In On ProShares Big Data Refiners ETF

Several institutional investors and hedge funds have recently made changes to their positions in DAT. Jane Street Group LLC raised its position in shares of ProShares Big Data Refiners ETF by 17.2% during the 1st quarter. Jane Street Group LLC now owns 7,083 shares of the company’s stock valued at $279,000 after acquiring an additional 1,037 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of ProShares Big Data Refiners ETF during the 3rd quarter valued at approximately $685,000. Finally, Advisory Services Network LLC acquired a new stake in shares of ProShares Big Data Refiners ETF during the 3rd quarter valued at approximately $126,000.

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.