US Vegan Climate ETF (NYSEARCA:VEGN) Stock Price Down 0.5% – Should You Sell?

Shares of US Vegan Climate ETF (NYSEARCA:VEGN) were down 0.5% during trading on Tuesday . The stock traded as low as $61.70 and last traded at $61.70. Approximately 1,410 shares were traded during trading, a decline of 60% from the average daily volume of 3,542 shares. The stock had previously closed at $62.04.

US Vegan Climate ETF Stock Performance

The stock has a market cap of $138.83 million, a price-to-earnings ratio of 26.92 and a beta of 1.13. The company’s 50 day simple moving average is $60.91 and its two-hundred day simple moving average is $59.31.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in US Vegan Climate ETF stock. Redmont Wealth Advisors LLC purchased a new position in shares of US Vegan Climate ETF (NYSEARCA:VEGN) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 4,281 shares of the company’s stock, valued at approximately $255,000. Redmont Wealth Advisors LLC owned approximately 0.20% of US Vegan Climate ETF at the end of the most recent reporting period.

About US Vegan Climate ETF

The US Vegan Climate ETF (VEGN) is an exchange-traded fund that is based on the US Vegan Climate index. The fund seeks to track a principles-based index of U.S. equities weighted by market-cap. VEGN was launched on Sep 9, 2019 and is managed by Beyond.