Hennessy Sustainable ETF (NASDAQ:STNC) Shares Down 0% – Time to Sell?

Hennessy Sustainable ETF (NASDAQ:STNC) fell 0% during trading on Thursday . The stock traded as low as $35.79 and last traded at $35.9995. 82 shares were traded during mid-day trading, a decline of 98% from the average session volume of 3,284 shares. The stock had previously closed at $36.00.

Hennessy Sustainable ETF Stock Up 0.3%

The stock has a market cap of $95.88 million, a P/E ratio of 19.83 and a beta of 0.89. The firm’s 50-day moving average is $34.36 and its two-hundred day moving average is $33.27.

Hennessy Sustainable ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, December 15th. Shareholders of record on Friday, December 12th were paid a $0.3369 dividend. The ex-dividend date of this dividend was Friday, December 12th.

Institutional Trading of Hennessy Sustainable ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Mesirow Financial Investment Management Inc. lifted its stake in shares of Hennessy Sustainable ETF by 20.6% in the 2nd quarter. Mesirow Financial Investment Management Inc. now owns 9,959 shares of the company’s stock valued at $307,000 after purchasing an additional 1,704 shares during the period. Atlas Private Wealth Advisors bought a new stake in Hennessy Sustainable ETF in the second quarter valued at about $213,000. Cetera Investment Advisers lifted its stake in Hennessy Sustainable ETF by 67.6% in the second quarter. Cetera Investment Advisers now owns 12,410 shares of the company’s stock valued at $383,000 after buying an additional 5,005 shares during the period. Raymond James Financial Inc. acquired a new position in Hennessy Sustainable ETF in the second quarter valued at about $96,000. Finally, Osaic Holdings Inc. bought a new position in Hennessy Sustainable ETF during the second quarter worth about $84,000.

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.