Direxion Hydrogen ETF (NYSEARCA:HJEN) Shares Down 2.4%

Direxion Hydrogen ETF (NYSEARCA:HJEN – Get Rating)’s stock price was down 2.4% on Friday . The stock traded as low as $14.52 and last traded at $14.55. Approximately 12,945 shares traded hands during mid-day trading, a decline of 15% from the average daily volume of 15,297 shares. The stock had previously closed at $14.90.

Direxion Hydrogen ETF Trading Down 2.4 %

The firm has a fifty day simple moving average of $15.34 and a two-hundred day simple moving average of $14.70. The stock has a market cap of $27.64 million, a PE ratio of 8.61 and a beta of 1.20.

Institutional Trading of Direxion Hydrogen ETF

An institutional investor recently raised its position in Direxion Hydrogen ETF stock. Bank of America Corp DE lifted its position in shares of Direxion Hydrogen ETF (NYSEARCA:HJEN – Get Rating) by 69.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,086 shares of the company’s stock after buying an additional 1,270 shares during the period. Bank of America Corp DE owned about 0.16% of Direxion Hydrogen ETF worth $42,000 as of its most recent SEC filing.

Direxion Hydrogen ETF Company Profile

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The Direxion Hydrogen ETF (HJEN) is an exchange-traded fund that is based on the Indxx Hydrogen Economy index, a modified market-cap-weighted index of global companies involved in businesses related to the hydrogen industry. HJEN was launched on Mar 25, 2021 and is managed by Direxion.