Xtrackers S&P 500 ESG ETF (NYSEARCA:SNPE) Sees Unusually-High Trading Volume – Here’s Why

Shares of Xtrackers S&P 500 ESG ETF (NYSEARCA:SNPE) saw unusually-strong trading volume on Tuesday . Approximately 221,605 shares were traded during mid-day trading, an increase of 28% from the previous session’s volume of 173,404 shares.The stock last traded at $54.28 and had previously closed at $54.14.

Xtrackers S&P 500 ESG ETF Stock Up 0.5 %

The company has a market cap of $1.28 billion, a PE ratio of 25.98 and a beta of 1.04. The firm’s 50-day moving average is $54.25 and its 200-day moving average is $52.55.

Institutional Investors Weigh In On Xtrackers S&P 500 ESG ETF

Several hedge funds have recently added to or reduced their stakes in the stock. White Pine Investment CO purchased a new position in Xtrackers S&P 500 ESG ETF in the fourth quarter worth about $634,000. JPMorgan Chase & Co. increased its holdings 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 purchasing an additional 3,040,445 shares in the last quarter. Finally, Tidemark LLC purchased a new position in shares of Xtrackers S&P 500 ESG ETF in the third 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.