Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) Stock Price Down 0.4% – What’s Next?

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR)’s stock price traded down 0.4% during trading on Monday . The company traded as low as $36.80 and last traded at $36.89. 4,916 shares traded hands during mid-day trading, a decline of 14% from the average session volume of 5,712 shares. The stock had previously closed at $37.04.

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF Stock Down 0.4%

The stock has a market cap of $51.65 million, a PE ratio of 15.47 and a beta of 0.67. The stock has a fifty day moving average of $36.82 and a 200-day moving average of $35.04.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF stock. Flow Traders U.S. LLC lifted its stake in shares of Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) by 214.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 337,900 shares of the company’s stock after purchasing an additional 230,537 shares during the quarter. Flow Traders U.S. LLC owned about 28.16% of Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF worth $10,942,000 at the end of the most recent quarter.

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF Company Profile

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.