Global X Hydrogen ETF (NASDAQ:HYDR) Stock Price Down 4.6% – Here’s What Happened

Shares of Global X Hydrogen ETF (NASDAQ:HYDR) were down 4.6% during mid-day trading on Friday . The stock traded as low as $17.26 and last traded at $17.40. Approximately 20,100 shares changed hands during mid-day trading, an increase of 3% from the average daily volume of 19,543 shares. The stock had previously closed at $18.23.

Global X Hydrogen ETF Stock Down 4.6 %

The company has a market capitalization of $26.62 million, a PE ratio of -27.78 and a beta of 1.76. The stock has a 50-day moving average of $20.65 and a 200 day moving average of $22.56.

Hedge Funds Weigh In On Global X Hydrogen ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC raised its position in Global X Hydrogen ETF by 31.6% in the fourth quarter. Jane Street Group LLC now owns 86,709 shares of the company’s stock worth $1,997,000 after acquiring an additional 20,812 shares during the period. IHT Wealth Management LLC purchased a new stake in Global X Hydrogen ETF in the third quarter worth $512,000. GTS Securities LLC increased its position in Global X Hydrogen ETF by 137.5% in the fourth quarter. GTS Securities LLC now owns 33,206 shares of the company’s stock worth $765,000 after buying an additional 19,223 shares during the last quarter. Envestnet Asset Management Inc. bought a new stake in shares of Global X Hydrogen ETF in the fourth quarter valued at $275,000. Finally, SBI Securities Co. Ltd. bought a new stake in Global X Hydrogen ETF in the 4th quarter valued at about $173,000.

Global X Hydrogen ETF Company Profile