Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) Stock Price Down 0% – Here’s Why

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) traded down 0% during trading on Wednesday . The company traded as low as $29.14 and last traded at $29.24. 9,588 shares traded hands during mid-day trading, an increase of 40% from the average session volume of 6,873 shares. The stock had previously closed at $29.25.

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF Stock Down 0.1 %

The firm has a market capitalization of $381.42 million, a PE ratio of 12.84 and a beta of 0.93. The business’s fifty day moving average price is $29.42 and its 200 day moving average price is $30.44.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF stock. Bank of New York Mellon Corp raised its holdings in Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) by 12.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,303 shares of the company’s stock after purchasing an additional 3,240 shares during the quarter. Bank of New York Mellon Corp owned 0.23% of Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF worth $864,000 as of its most recent filing with the Securities and Exchange Commission.

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF Company Profile

The Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (EMCR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of large- and mid-cap emerging market stocks that are selected based on ESG criteria. Holdings are weighted in tiers, in favor of low carbon intensity EMCR was launched on Dec 6, 2018 and is managed by Xtrackers.