Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) Shares Down 1.1% – Here’s What Happened

Shares of Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) traded down 1.1% during trading on Thursday . The stock traded as low as $47.27 and last traded at $47.74. 10,412 shares changed hands during mid-day trading, an increase of 347% from the average session volume of 2,330 shares. The stock had previously closed at $48.29.

Xtrackers Semiconductor Select Equity ETF Trading Down 4.1%

The company’s 50 day simple moving average is $44.63 and its 200 day simple moving average is $38.39. The stock has a market capitalization of $12.81 million, a PE ratio of 27.07 and a beta of 1.75.

Institutional Investors Weigh In On Xtrackers Semiconductor Select Equity ETF

An institutional investor recently raised its position in Xtrackers Semiconductor Select Equity ETF stock. Cornerstone Planning Group LLC grew its position in shares of Xtrackers Semiconductor Select Equity ETF (NASDAQ:CHPS) by 9,687.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,801 shares of the company’s stock after acquiring an additional 13,660 shares during the quarter. Cornerstone Planning Group LLC owned about 4.93% of Xtrackers Semiconductor Select Equity ETF worth $550,000 at the end of the most recent quarter.

About Xtrackers Semiconductor Select Equity ETF

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.