ProShares Smart Materials ETF (NYSEARCA:TINT) Stock Price Up 0.3% – Here’s Why

ProShares Smart Materials ETF (NYSEARCA:TINT)’s share price rose 0.3% during mid-day trading on Thursday . The company traded as high as $39.16 and last traded at $39.16. 100 shares changed hands during trading, a decline of 85% from the average session volume of 651 shares. The stock had previously closed at $39.04.

ProShares Smart Materials ETF Stock Performance

The firm has a fifty day moving average price of $40.74 and a 200 day moving average price of $37.84. The company has a market cap of $1.96 million, a price-to-earnings ratio of 18.76 and a beta of 1.23.

Institutional Trading of ProShares Smart Materials ETF

An institutional investor recently raised its position in ProShares Smart Materials ETF stock. Jane Street Group LLC raised its position in ProShares Smart Materials ETF (NYSEARCA:TINT) by 17.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,551 shares of the company’s stock after buying an additional 3,146 shares during the quarter. Jane Street Group LLC owned 43.10% of ProShares Smart Materials ETF worth $607,000 at the end of the most recent reporting period.

About ProShares Smart Materials ETF

The ProShares Smart Materials ETF (TINT) is an exchange-traded fund that is based on the Solactive Smart Materials index. The fund tracks a market-cap weighted index of global companies that have significant exposure to smart materials, also known as intelligent or responsive materials. TINT was launched on Oct 26, 2021 and is managed by ProShares.