Franklin Exponential Data ETF (BATS:XDAT) Shares Up 0.1% – Still a Buy?

Franklin Exponential Data ETF (BATS:XDAT) was up 0.1% during trading on Thursday . The company traded as high as $26.71 and last traded at $26.63. Approximately 1,010 shares were traded during trading, The stock had previously closed at $26.61.

Franklin Exponential Data ETF Trading Up 0.3 %

The firm has a market cap of $8.01 million, a P/E ratio of 52.87 and a beta of 1.38. The company has a fifty day moving average price of $26.31 and a two-hundred day moving average price of $24.46.

Institutional Investors Weigh In On Franklin Exponential Data ETF

An institutional investor recently raised its position in Franklin Exponential Data ETF stock. Truist Financial Corp increased its stake in shares of Franklin Exponential Data ETF (BATS:XDAT) by 3.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 21,562 shares of the company’s stock after acquiring an additional 684 shares during the period. Truist Financial Corp owned about 7.19% of Franklin Exponential Data ETF worth $547,000 as of its most recent filing with the SEC.

About Franklin Exponential Data ETF

The Franklin Exponential Data ETF (XDAT) is an exchange-traded fund that mostly invests in information technology equity. The fund is actively-managed to invest in global companies believed to benefit from or facilitate Big Data and its applications such as AI, augmented and virtual reality, software-as-a-service, and personalized advertising and healthcare.