Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) Stock Price Up 0.3% – Should You Buy?

Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR)’s stock price was up 0.3% on Monday . The stock traded as high as $28.99 and last traded at $28.99. Approximately 10,216 shares traded hands during mid-day trading, a decline of 92% from the average daily 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 company has a market cap of $376.87 million, a PE ratio of 12.84 and a beta of 0.93. The business’s 50 day moving average is $31.39 and its 200-day moving average is $30.79.

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

An institutional investor recently raised its position in Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF stock. Bank of New York Mellon Corp grew its holdings in shares of Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (NYSEARCA:EMCR) by 21.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,204 shares of the company’s stock after buying an additional 3,975 shares during the period. Bank of New York Mellon Corp owned 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).

About Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF

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.