Xtrackers S&P 500 ESG ETF (NYSEARCA:SNPE) Sees Unusually-High Trading Volume – Should You Buy?

Xtrackers S&P 500 ESG ETF (NYSEARCA:SNPE) saw an uptick in trading volume on Tuesday . 362,121 shares were traded during trading, an increase of 73% from the previous session’s volume of 208,757 shares.The stock last traded at $51.74 and had previously closed at $52.67.

Xtrackers S&P 500 ESG ETF Price Performance

The firm has a fifty day moving average of $54.02 and a two-hundred day moving average of $53.34. The stock has a market capitalization of $1.62 billion, a P/E ratio of 27.12 and a beta of 1.02.

Hedge Funds Weigh In On Xtrackers S&P 500 ESG ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. grew its position in shares of Xtrackers S&P 500 ESG ETF by 146.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,112,512 shares of the company’s stock worth $268,816,000 after buying an additional 3,040,445 shares during the last quarter. White Pine Investment CO purchased a new position in Xtrackers S&P 500 ESG ETF in the fourth quarter worth $634,000. Captrust Financial Advisors acquired a new position in shares of Xtrackers S&P 500 ESG ETF during the fourth quarter worth $336,000. Abound Financial LLC purchased a new stake in shares of Xtrackers S&P 500 ESG ETF during the 4th quarter valued at $239,000. Finally, Tidemark LLC acquired a new stake in shares of Xtrackers S&P 500 ESG ETF in the 3rd quarter worth $152,000.

Xtrackers S&P 500 ESG ETF Company Profile

The Xtrackers S&P 500 ESG ETF (SNPE) is an exchange-traded fund that is based on the S&P 500 ESG index. The fund tracks a principles-selected, market cap-weighted index of US large-cap securities. SNPE was launched on Jun 26, 2019 and is managed by Xtrackers.