Global X Renewable Energy Producers ETF (NASDAQ:RNRG) Stock Price Up 0% – Here’s Why

Global X Renewable Energy Producers ETF (NASDAQ:RNRG)’s share price was up 0% on Tuesday . The stock traded as high as $38.01 and last traded at $37.75. Approximately 2,191 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 5,824 shares. The stock had previously closed at $37.74.

Global X Renewable Energy Producers ETF Stock Up 1.5%

The firm has a market capitalization of $30.46 million, a P/E ratio of 15.93 and a beta of 0.83. The business’s 50 day moving average is $38.22 and its 200-day moving average is $36.24.

Institutional Investors Weigh In On Global X Renewable Energy Producers ETF

Several hedge funds and other institutional investors have recently bought and sold shares of RNRG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Global X Renewable Energy Producers ETF by 5.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 154,698 shares of the company’s stock worth $1,270,000 after acquiring an additional 7,895 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Global X Renewable Energy Producers ETF in the 1st quarter worth about $963,000. Flow Traders U.S. LLC grew its stake in shares of Global X Renewable Energy Producers ETF by 188.4% in the third quarter. Flow Traders U.S. LLC now owns 33,037 shares of the company’s stock worth $1,052,000 after acquiring an additional 21,582 shares during the period. Natural Investments LLC purchased a new position in shares of Global X Renewable Energy Producers ETF in the fourth quarter worth approximately $1,093,000. Finally, Raymond James Financial Inc. purchased a new position in Global X Renewable Energy Producers ETF during the second quarter valued at approximately $38,000.

About Global X Renewable Energy Producers ETF

The Global X Renewable Energy Producers ETF (RNRG) is an exchange-traded fund that is based on the Indxx Renewable Energy Producers index, a market-cap-weighted index of global renewable energy companies including YieldCos. RNRG was launched on May 28, 2015 and is managed by Global X.