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

Xtrackers S&P 500 ESG ETF (NYSEARCA:SNPE) shares saw unusually-strong trading volume on Friday . Approximately 1,924,613 shares changed hands during mid-day trading, an increase of 868% from the previous session’s volume of 198,747 shares.The stock last traded at $50.35 and had previously closed at $51.06.

Xtrackers S&P 500 ESG ETF Stock Down 2.0 %

The stock has a 50-day moving average of $53.00 and a 200 day moving average of $53.32. The stock has a market cap of $1.55 billion, a PE ratio of 25.80 and a beta of 1.01.

Institutional Trading of Xtrackers S&P 500 ESG ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Abound Financial LLC purchased a new stake in shares of Xtrackers S&P 500 ESG ETF in the fourth quarter valued at about $239,000. Captrust Financial Advisors purchased a new stake in shares of Xtrackers S&P 500 ESG ETF in the 4th quarter valued at approximately $336,000. White Pine Investment CO acquired a new stake in shares of Xtrackers S&P 500 ESG ETF during the 4th quarter worth approximately $634,000. One Capital Management LLC increased its holdings in shares of Xtrackers S&P 500 ESG ETF by 0.5% during the 4th quarter. One Capital Management LLC now owns 111,416 shares of the company’s stock worth $5,935,000 after buying an additional 546 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Xtrackers S&P 500 ESG ETF by 146.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,112,512 shares of the company’s stock valued at $268,816,000 after buying an additional 3,040,445 shares during the period.

About Xtrackers S&P 500 ESG ETF

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.