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

Xtrackers S&P 500 ESG ETF (NYSEARCA:SNPE) shares saw unusually-strong trading volume on Monday . Approximately 278,016 shares were traded during trading, an increase of 57% from the previous session’s volume of 176,606 shares.The stock last traded at $53.72 and had previously closed at $54.10.

Xtrackers S&P 500 ESG ETF Price Performance

The company has a market capitalization of $1.26 billion, a PE ratio of 25.98 and a beta of 1.04. The stock has a 50-day simple moving average of $54.27 and a 200 day simple moving average of $52.74.

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

A number of large investors have recently added to or reduced their stakes in the business. Abound Financial LLC acquired a new position in Xtrackers S&P 500 ESG ETF during the fourth quarter worth about $239,000. White Pine Investment CO purchased a new stake in Xtrackers S&P 500 ESG ETF in the 4th quarter valued at approximately $634,000. JPMorgan Chase & Co. lifted its stake in 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 valued at $268,816,000 after buying an additional 3,040,445 shares in the last quarter. Finally, Tidemark LLC acquired a new stake in Xtrackers S&P 500 ESG ETF during the 3rd quarter valued at $152,000.

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.