Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) Trading 3.6% Higher – Here’s What Happened

Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) was up 3.6% during mid-day trading on Friday . The company traded as high as $52.44 and last traded at $52.44. Approximately 14,337 shares were traded during trading, a decline of 39% from the average daily volume of 23,453 shares. The stock had previously closed at $50.63.

Xtrackers Semiconductor Select Equity ETF Trading Up 3.6%

The firm has a market cap of $19.93 million, a P/E ratio of 27.07 and a beta of 1.75. The company’s fifty day moving average price is $46.30 and its two-hundred day moving average price is $40.64.

Institutional Trading of Xtrackers Semiconductor Select Equity ETF

A hedge fund recently raised its stake in Xtrackers Semiconductor Select Equity ETF stock. Cornerstone Planning Group LLC grew its position in Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) by 9,687.9% in the third quarter, according to 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 4.93% of Xtrackers Semiconductor Select Equity ETF worth $550,000 at the end of the most recent reporting period.

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.