Stance Sustainable Beta ETF (NASDAQ:CHGX) Shares Down 0.4% – Time to Sell?

Shares of Stance Sustainable Beta ETF (NASDAQ:CHGX) dropped 0.4% on Thursday . The stock traded as low as $27.99 and last traded at $28.10. Approximately 5,569 shares were traded during mid-day trading, a decline of 43% from the average daily volume of 9,717 shares. The stock had previously closed at $28.20.

Stance Sustainable Beta ETF Stock Down 0.4%

The stock has a 50 day moving average of $27.78 and a 200 day moving average of $27.34. The company has a market capitalization of $142.75 million, a price-to-earnings ratio of 24.93 and a beta of 1.05.

Stance Sustainable Beta ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, December 18th. Stockholders of record on Tuesday, December 16th were given a $0.1828 dividend. The ex-dividend date was Tuesday, December 16th.

Institutional Investors Weigh In On Stance Sustainable Beta ETF

Several large investors have recently modified their holdings of CHGX. Denver Wealth Management Inc. raised its position in shares of Stance Sustainable Beta ETF by 55.1% in the 2nd quarter. Denver Wealth Management Inc. now owns 12,011 shares of the company’s stock worth $313,000 after acquiring an additional 4,267 shares in the last quarter. Arjuna Capital bought a new stake in shares of Stance Sustainable Beta ETF during the 2nd quarter valued at about $338,000. Envestnet Asset Management Inc. grew its stake in Stance Sustainable Beta ETF by 60.1% during the second quarter. Envestnet Asset Management Inc. now owns 48,869 shares of the company’s stock worth $1,274,000 after purchasing an additional 18,345 shares during the period. Mirae Asset Securities USA Inc. bought a new stake in Stance Sustainable Beta ETF in the second quarter worth approximately $888,000. Finally, Osaic Holdings Inc. increased its holdings in Stance Sustainable Beta ETF by 363.3% in the second quarter. Osaic Holdings Inc. now owns 103,716 shares of the company’s stock worth $2,704,000 after purchasing an additional 81,331 shares in the last quarter.

Stance Sustainable Beta ETF Company Profile

The AXS Change Finance ESG ETF (CHGX) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of 100 US large-cap stocks that meet diverse environmental, social, and governance standards.