Global X Hydrogen ETF (NASDAQ:HYDR) Shares Down 0.1% – Time to Sell?

Global X Hydrogen ETF (NASDAQ:HYDR) shares dropped 0.1% on Monday . The stock traded as low as $56.17 and last traded at $56.73. 63,669 shares changed hands during trading, a decline of 0% from the average session volume of 63,959 shares. The stock had previously closed at $56.80.

Global X Hydrogen ETF Price Performance

The business’s fifty day moving average is $59.24 and its 200-day moving average is $44.98. The firm has a market cap of $101.38 million, a PE ratio of -27.78 and a beta of 2.35.

Institutional Investors Weigh In On Global X Hydrogen ETF

Large investors have recently modified their holdings of the stock. Jane Street Group LLC raised its holdings in shares of Global X Hydrogen ETF by 185.4% in the 4th quarter. Jane Street Group LLC now owns 17,786 shares of the company’s stock worth $565,000 after purchasing an additional 11,553 shares during the period. Susquehanna International Group LLP bought a new position in Global X Hydrogen ETF during the third quarter valued at $257,000. LPL Financial LLC increased its position in Global X Hydrogen ETF by 37.7% in the fourth quarter. LPL Financial LLC now owns 21,352 shares of the company’s stock worth $679,000 after buying an additional 5,850 shares during the last quarter. Osaic Holdings Inc. raised its stake in shares of Global X Hydrogen ETF by 86.0% in the fourth quarter. Osaic Holdings Inc. now owns 5,718 shares of the company’s stock valued at $182,000 after buying an additional 2,643 shares during the period. Finally, Simplex Trading LLC raised its stake in shares of Global X Hydrogen ETF by 2,048.9% in the fourth quarter. Simplex Trading LLC now owns 1,977 shares of the company’s stock valued at $63,000 after buying an additional 1,885 shares during the period.

About Global X Hydrogen ETF

The Global X Hydrogen ETF (HYDR) is an exchange-traded fund that is based on the Solactive Global Hydrogen index, a modified market-cap-weighted index that provides global exposure to companies positioned to benefit from hydrogen economy. HYDR was launched on Jul 12, 2021 and is managed by Global X.