Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) Trading 3.6% Higher – Here’s What Happened

Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS)’s share price traded up 3.6% on Friday . The company traded as high as $52.44 and last traded at $52.44. 14,337 shares traded hands during mid-day trading, a decline of 39% from the average session volume of 23,453 shares. The stock had previously closed at $50.63.

Xtrackers Semiconductor Select Equity ETF Stock Performance

The firm has a market capitalization of $19.93 million, a price-to-earnings ratio of 27.07 and a beta of 1.75. The business’s 50 day moving average is $46.30 and its 200-day moving average is $40.64.

Hedge Funds Weigh In On Xtrackers Semiconductor Select Equity ETF

An institutional investor recently raised its position in Xtrackers Semiconductor Select Equity ETF stock. Cornerstone Planning Group LLC increased its holdings in shares of Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) by 9,687.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 13,801 shares of the company’s stock after purchasing an additional 13,660 shares during the period. Cornerstone Planning Group LLC owned approximately 4.93% of Xtrackers Semiconductor Select Equity ETF worth $550,000 at the end of the most recent reporting period.

Xtrackers Semiconductor Select Equity ETF Company Profile

The Xtrackers Semiconductor Select Equity ETF (CHPS) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a market cap-weighted index of the companies involved semiconductor industry globally. The index screens securities based on various ESG criteria provided by Sustainalytics. CHPS was launched on Jul 13, 2023 and is issued by Xtrackers.