ProShares Big Data Refiners ETF (NYSEARCA:DAT) Shares Down 1.7% – Here’s Why

Shares of ProShares Big Data Refiners ETF (NYSEARCA:DAT) fell 1.7% during mid-day trading on Thursday . The company traded as low as $40.58 and last traded at $40.91. Approximately 1,109 shares were traded during trading, a decline of 53% from the average session volume of 2,344 shares. The stock had previously closed at $41.62.

ProShares Big Data Refiners ETF Stock Performance

The company has a market capitalization of $4.91 million, a price-to-earnings ratio of 37.53 and a beta of 1.19. The company has a 50 day moving average price of $42.43 and a 200 day moving average price of $39.43.

Hedge Funds Weigh In On ProShares Big Data Refiners ETF

Institutional investors have recently modified their holdings of the company. Flow Traders U.S. LLC acquired a new stake in ProShares Big Data Refiners ETF in the 3rd quarter valued at $685,000. Jane Street Group LLC increased its stake in 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 purchasing an additional 1,037 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new position in ProShares Big Data Refiners ETF during the third quarter worth $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.