Hennessy Sustainable ETF (NASDAQ:STNC) Stock Price Down 1.1% – Should You Sell?

Hennessy Sustainable ETF (NASDAQ:STNC) shares were down 1.1% during trading on Wednesday . The stock traded as low as $37.26 and last traded at $37.26. Approximately 9,584 shares changed hands during mid-day trading, an increase of 314% from the average daily volume of 2,316 shares. The stock had previously closed at $37.68.

Hennessy Sustainable ETF Stock Down 1.1%

The company’s fifty day moving average price is $36.01 and its 200-day moving average price is $34.87. The stock has a market capitalization of $95.76 million, a PE ratio of 19.83 and a beta of 0.85.

Hedge Funds Weigh In On Hennessy Sustainable ETF

Large investors have recently made changes to their positions in the business. Osaic Holdings Inc. purchased a new position in shares of Hennessy Sustainable ETF during the second quarter valued at approximately $84,000. Raymond James Financial Inc. purchased a new position in shares of Hennessy Sustainable ETF during the second quarter valued at approximately $96,000. O Shaughnessy Asset Management LLC purchased a new position in shares of Hennessy Sustainable ETF during the fourth quarter valued at approximately $202,000. Finally, Cetera Investment Advisers lifted its holdings in shares of Hennessy Sustainable ETF by 67.6% during the second quarter. Cetera Investment Advisers now owns 12,410 shares of the company’s stock valued at $383,000 after purchasing an additional 5,005 shares during the last quarter.

About Hennessy Sustainable ETF

The Hennessy Stance ESG ETF (STNC) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent ETF that holds a concentrated portfolio of US firms screened for ESG criteria. The fund utilizes the Blue Tractor non-transparent model. STNC was launched on Mar 16, 2021 and is issued by Hennessy.