Blue Horizon BNE ETF (NYSEARCA:BNE) Trading 1.2% Higher – Still a Buy?

Shares of Blue Horizon BNE ETF (NYSEARCA:BNE) shot up 1.2% during mid-day trading on Thursday . The stock traded as high as $22.64 and last traded at $22.49. 1,700 shares traded hands during trading, an increase of 83% from the average session volume of 931 shares. The stock had previously closed at $22.22.

Blue Horizon BNE ETF Stock Up 1.2%

The stock has a 50-day simple moving average of $22.49 and a 200 day simple moving average of $22.49. The company has a market cap of $4.50 million, a PE ratio of 13.74 and a beta of 1.32.

Blue Horizon BNE ETF Company Profile

The Blue Horizon BNE ETF (BNE) is an exchange-traded fund that is based on the Blue Horizon New Energy Economy 100 index. The fund tracks an equal-weighted index of global stocks that are perceived to benefit from a New Energy Economy. BNE was launched on Dec 8, 2020 and is managed by Blue Horizon.