Direxion Hydrogen ETF (NYSEARCA:HJEN – Get Free Report)’s stock price fell 0.4% during trading on Tuesday . The stock traded as low as $13.00 and last traded at $13.07. 6,508 shares traded hands during mid-day trading, a decline of 53% from the average session volume of 13,859 shares. The stock had previously closed at $13.12.
Direxion Hydrogen ETF Stock Performance
The firm has a market cap of $30.05 million, a P/E ratio of 8.61 and a beta of 1.26. The company’s 50 day moving average is $13.58 and its 200 day moving average is $13.76.
Hedge Funds Weigh In On Direxion Hydrogen ETF
Large investors have recently modified their holdings of the business. Bank of America Corp DE raised its stake in shares of Direxion Hydrogen ETF by 4,637.2% during the first quarter. Bank of America Corp DE now owns 146,191 shares of the company’s stock valued at $2,110,000 after acquiring an additional 143,105 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of Direxion Hydrogen ETF by 712.8% during the first quarter. Jane Street Group LLC now owns 103,839 shares of the company’s stock valued at $2,074,000 after buying an additional 91,064 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in shares of Direxion Hydrogen ETF during the first quarter valued at about $567,000. Royal Bank of Canada acquired a new position in shares of Direxion Hydrogen ETF during the second quarter valued at about $338,000. Finally, Osaic Holdings Inc. boosted its holdings in Direxion Hydrogen ETF by 128.9% during the second quarter. Osaic Holdings Inc. now owns 13,452 shares of the company’s stock worth $180,000 after purchasing an additional 7,574 shares during the last quarter.
About Direxion Hydrogen ETF
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.
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