Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) Trading Up 2.2% – Here’s What Happened

Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) traded up 2.2% on Tuesday . The company traded as high as $59.97 and last traded at $59.57. 43,451 shares changed hands during trading, an increase of 78% from the average session volume of 24,418 shares. The stock had previously closed at $58.28.

Xtrackers Semiconductor Select Equity ETF Stock Performance

The stock has a market capitalization of $29.19 million, a PE ratio of 27.07 and a beta of 1.75. The company has a 50 day moving average of $53.16 and a two-hundred day moving average of $45.46.

Hedge Funds Weigh In On Xtrackers Semiconductor Select Equity ETF

A hedge fund recently raised its stake in Xtrackers Semiconductor Select Equity ETF stock. Cornerstone Planning Group LLC lifted its holdings in shares of Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) by 9,687.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,801 shares of the company’s stock after buying an additional 13,660 shares during the quarter. Cornerstone Planning Group LLC owned approximately 4.93% of Xtrackers Semiconductor Select Equity ETF worth $550,000 as of its most recent SEC filing.

About Xtrackers Semiconductor Select Equity ETF

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.