Global X Renewable Energy Producers ETF (NASDAQ:RNRG) Stock Price Up 1.7%

Global X Renewable Energy Producers ETF (NASDAQ:RNRG) shares traded up 1.7% during trading on Thursday . The stock traded as high as $10.35 and last traded at $10.34. 15,810 shares were traded during mid-day trading, an increase of 21% from the average session volume of 13,041 shares. The stock had previously closed at $10.17.

Global X Renewable Energy Producers ETF Price Performance

The stock has a 50 day moving average of $9.74 and a two-hundred day moving average of $10.09. The stock has a market capitalization of $41.05 million, a PE ratio of 16.05 and a beta of 0.78.

Hedge Funds Weigh In On Global X Renewable Energy Producers ETF

Large investors have recently made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. grew its position in Global X Renewable Energy Producers ETF by 20.2% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 388,324 shares of the company’s stock worth $3,825,000 after buying an additional 65,257 shares during the period. Pathstone Family Office LLC acquired a new stake in shares of Global X Renewable Energy Producers ETF during the third quarter worth $984,000. LFA Lugano Financial Advisors SA grew its position in shares of Global X Renewable Energy Producers ETF by 24.7% in the fourth quarter. LFA Lugano Financial Advisors SA now owns 63,880 shares of the company’s stock valued at $721,000 after purchasing an additional 12,639 shares during the period. Tempus Wealth Planning LLC increased its stake in Global X Renewable Energy Producers ETF by 10.2% in the first quarter. Tempus Wealth Planning LLC now owns 39,828 shares of the company’s stock valued at $392,000 after purchasing an additional 3,689 shares during the last quarter. Finally, Gerber LLC purchased a new position in Global X Renewable Energy Producers ETF during the fourth quarter worth about $147,000.

Global X Renewable Energy Producers ETF Company Profile

The Global X Renewable Energy Producers ETF (RNRG) is an exchange-traded fund that is based on the Indxx Renewable Energy Producers index, a market-cap-weighted index of global renewable energy companies including YieldCos. RNRG was launched on May 28, 2015 and is managed by Global X.