Global X Hydrogen ETF (NASDAQ:HYDR) Stock Price Down 3.8%

Global X Hydrogen ETF (NASDAQ:HYDRGet Free Report) dropped 3.8% during mid-day trading on Wednesday . The stock traded as low as $29.06 and last traded at $29.14. Approximately 16,796 shares traded hands during trading, a decline of 16% from the average daily volume of 20,078 shares. The stock had previously closed at $30.28.

Global X Hydrogen ETF Stock Performance

The firm has a market capitalization of $42.50 million, a price-to-earnings ratio of -27.78 and a beta of 1.76. The business’s 50 day moving average is $29.53 and its 200-day moving average is $28.77.

Hedge Funds Weigh In On Global X Hydrogen ETF

Several large investors have recently made changes to their positions in the business. Biltmore Family Office LLC acquired a new stake in Global X Hydrogen ETF during the first quarter worth about $141,000. Principal Securities Inc. acquired a new stake in shares of Global X Hydrogen ETF during the 4th quarter worth approximately $80,000. Finally, Signaturefd LLC increased its position in shares of Global X Hydrogen ETF by 219.3% during the fourth quarter. Signaturefd LLC now owns 15,964 shares of the company’s stock valued at $110,000 after purchasing an additional 10,964 shares during the period.

About Global X Hydrogen ETF

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