Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) Trading 0.3% Higher – Still a Buy?

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) traded up 0.3% during trading on Monday . The company traded as high as $28.99 and last traded at $28.99. 10,216 shares were traded during mid-day trading, a decline of 92% from the average session volume of 135,426 shares. The stock had previously closed at $28.91.

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF Stock Performance

The firm has a market capitalization of $377.65 million, a P/E ratio of 12.84 and a beta of 0.93. The firm has a 50 day simple moving average of $31.26 and a two-hundred day simple moving average of $30.78.

Hedge Funds Weigh In On Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF

A hedge fund recently raised its stake in Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF stock. Bank of New York Mellon Corp boosted its stake in Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) by 21.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 22,204 shares of the company’s stock after acquiring an additional 3,975 shares during the period. Bank of New York Mellon Corp owned 0.17% of Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF worth $662,000 as of its most recent filing with the SEC.

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF Company Profile

The Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (EMCR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of large- and mid-cap emerging market stocks that are selected based on ESG criteria. Holdings are weighted in tiers, in favor of low carbon intensity EMCR was launched on Dec 6, 2018 and is managed by Xtrackers.