Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) Shares Down 0.5% – Time to Sell?

Shares of Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) were down 0.5% during trading on Tuesday . The company traded as low as $35.74 and last traded at $36.08. Approximately 4,539 shares traded hands during trading, a decline of 16% from the average daily volume of 5,381 shares. The stock had previously closed at $36.25.

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF Stock Performance

The firm has a market cap of $43.30 million, a P/E ratio of 15.47 and a beta of 0.74. The stock’s 50 day simple moving average is $34.99 and its 200 day simple moving average is $32.39.

Institutional Trading of Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Flow Traders U.S. LLC increased its stake in Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF by 214.7% during the 2nd quarter. Flow Traders U.S. LLC now owns 337,900 shares of the company’s stock valued at $10,942,000 after purchasing an additional 230,537 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF by 13.8% in the 1st quarter. Bank of New York Mellon Corp now owns 34,488 shares of the company’s stock worth $1,018,000 after acquiring an additional 4,185 shares in the last quarter. Finally, Farther Finance Advisors LLC bought a new stake in shares of Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF in the 1st quarter worth $54,000.

About Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF

The Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (EMCR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of large- and mid-cap emerging market stocks that are selected based on ESG criteria. Holdings are weighted in tiers, in favor of low carbon intensity EMCR was launched on Dec 6, 2018 and is managed by Xtrackers.