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

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

Xtrackers Semiconductor Select Equity ETF Price Performance

The firm’s 50-day moving average is $46.30 and its two-hundred day moving average is $40.68. The company has a market cap of $19.93 million, a P/E ratio of 27.07 and a beta of 1.75.

Institutional Trading of Xtrackers Semiconductor Select Equity ETF

An institutional investor recently raised its position in Xtrackers Semiconductor Select Equity ETF stock. Cornerstone Planning Group LLC lifted its holdings in Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) by 9,687.9% in the third quarter, according to the company in its most recent 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 quarter.

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.