ProShares Big Data Refiners ETF (NYSEARCA:DAT) Trading Down 3.2% – What’s Next?

ProShares Big Data Refiners ETF (NYSEARCA:DAT) shares were down 3.2% on Friday . The company traded as low as $44.62 and last traded at $44.68. Approximately 2,426 shares were traded during trading, a decline of 35% from the average daily volume of 3,745 shares. The stock had previously closed at $46.15.

ProShares Big Data Refiners ETF Stock Performance

The stock’s fifty day moving average is $45.80 and its two-hundred day moving average is $40.91. The firm has a market capitalization of $8.94 million, a price-to-earnings ratio of 47.38 and a beta of 1.55.

Institutional Trading of ProShares Big Data Refiners ETF

A hedge fund recently bought a new stake in ProShares Big Data Refiners ETF stock. Steward Partners Investment Advisory LLC acquired a new position in ProShares Big Data Refiners ETF (NYSEARCA:DAT) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 2,126 shares of the company’s stock, valued at approximately $93,000. Steward Partners Investment Advisory LLC owned about 1.06% of ProShares Big Data Refiners ETF at the end of the most recent reporting period.

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.