Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) Stock Price Down 0.4% – Here’s Why

Shares of Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) fell 0.4% during mid-day trading on Wednesday . The stock traded as low as $55.00 and last traded at $55.05. 14,264 shares traded hands during trading, a decline of 36% from the average session volume of 22,155 shares. The stock had previously closed at $55.26.

Xtrackers Semiconductor Select Equity ETF Stock Down 0.4%

The stock has a market capitalization of $26.97 million, a P/E ratio of 27.07 and a beta of 1.75. The company has a 50 day moving average of $55.74 and a 200-day moving average of $47.70.

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 grew its stake in shares of Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) by 9,687.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,801 shares of the company’s stock after purchasing 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.

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.