ProShares Big Data Refiners ETF (NYSEARCA:DAT) Stock Price Down 3.2% – Should You Sell?

ProShares Big Data Refiners ETF (NYSEARCA:DAT)’s stock price fell 3.2% during trading on Friday . The stock traded as low as $44.62 and last traded at $44.68. 2,426 shares traded hands during mid-day trading, a decline of 35% from the average session volume of 3,745 shares. The stock had previously closed at $46.15.

ProShares Big Data Refiners ETF Price Performance

The company has a market capitalization of $8.94 million, a PE ratio of 47.38 and a beta of 1.55. The company has a 50-day moving average of $45.80 and a two-hundred day moving average of $40.97.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares Big Data Refiners ETF stock. Steward Partners Investment Advisory LLC bought a new position in ProShares Big Data Refiners ETF (NYSEARCA:DAT) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,126 shares of the company’s stock, valued at approximately $93,000. Steward Partners Investment Advisory LLC owned approximately 1.06% of ProShares Big Data Refiners ETF as of its most recent filing with the Securities & Exchange Commission.

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.