Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) Trading 1.9% Higher – Still a Buy?

Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) traded up 1.9% on Friday . The stock traded as high as $62.24 and last traded at $61.96. 18,805 shares changed hands during trading, a decline of 12% from the average session volume of 21,316 shares. The stock had previously closed at $60.81.

Xtrackers Semiconductor Select Equity ETF Stock Up 1.9%

The company has a market capitalization of $47.71 million, a P/E ratio of 27.07 and a beta of 1.74. The company has a 50-day moving average of $56.02 and a two-hundred day moving average of $49.81.

Xtrackers Semiconductor Select Equity ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 20th were given a dividend of $0.0543 per share. The ex-dividend date was Friday, March 20th. This represents a $0.22 annualized dividend and a dividend yield of 0.4%.

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