Xtrackers S&P 500 ESG ETF (NYSEARCA:SNPE) Sees Large Volume Increase – Still a Buy?

Xtrackers S&P 500 ESG ETF (NYSEARCA:SNPE) shares saw an uptick in trading volume on Monday . 278,016 shares were traded during mid-day 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 Stock Performance

The firm’s 50 day moving average price is $54.27 and its two-hundred day moving average price is $52.74. The firm has a market cap of $1.26 billion, a PE ratio of 25.98 and a beta of 1.04.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Tidemark LLC purchased a new position in shares of Xtrackers S&P 500 ESG ETF in the third quarter valued at approximately $152,000. Abound Financial LLC purchased a new position in Xtrackers S&P 500 ESG ETF in the 4th quarter valued at approximately $239,000. White Pine Investment CO acquired a new position in shares of Xtrackers S&P 500 ESG ETF in the fourth quarter worth $634,000. Finally, JPMorgan Chase & Co. increased its position in shares of Xtrackers S&P 500 ESG ETF by 146.7% during the third quarter. JPMorgan Chase & Co. now owns 5,112,512 shares of the company’s stock worth $268,816,000 after acquiring an additional 3,040,445 shares during the period.

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.