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

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

ProShares Big Data Refiners ETF Price Performance

The stock has a market capitalization of $5.00 million, a P/E ratio of 37.53 and a beta of 1.19. The firm’s 50 day moving average price is $42.47 and its 200 day moving average price is $39.44.

Institutional Investors Weigh In On ProShares Big Data Refiners ETF

Large investors have recently made changes to their positions in the business. Advisory Services Network LLC purchased a new position in ProShares Big Data Refiners ETF during the 3rd quarter valued at $126,000. Jane Street Group LLC boosted its stake 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 purchasing an additional 1,037 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in shares of ProShares Big Data Refiners ETF during the 3rd quarter valued at about $685,000.

About ProShares Big Data Refiners ETF

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.