Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) Trading 0.3% Higher – Here’s Why

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) shot up 0.3% during mid-day trading on Monday . The stock traded as high as $28.99 and last traded at $28.99. 10,216 shares were traded during mid-day trading, a decline of 92% from the average session volume of 135,426 shares. The stock had previously closed at $28.91.

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF Price Performance

The stock has a market cap of $377.65 million, a P/E ratio of 12.84 and a beta of 0.93. The firm’s fifty day moving average price is $31.26 and its two-hundred day moving average price is $30.78.

Hedge Funds Weigh In On Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF

A hedge fund recently raised its stake in Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF stock. Bank of New York Mellon Corp increased its stake in shares of Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) by 21.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,204 shares of the company’s stock after acquiring an additional 3,975 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.17% of Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF worth $662,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.