Global X Hydrogen ETF (NASDAQ:HYDR) Shares Up 0.2% – Should You Buy?

Global X Hydrogen ETF (NASDAQ:HYDR) shares were up 0.2% during mid-day trading on Monday . The company traded as high as $45.91 and last traded at $45.32. 16,481 shares were traded during trading, a decline of 73% from the average daily volume of 61,199 shares. The stock had previously closed at $45.22.

Global X Hydrogen ETF Stock Up 0.2%

The stock has a market capitalization of $103.33 million, a P/E ratio of -27.78 and a beta of 2.41. The firm has a 50-day moving average of $47.35 and a 200 day moving average of $47.42.

Global X Hydrogen ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, June 29th were issued a dividend of $0.3691 per share. The ex-dividend date of this dividend was Monday, June 29th.

Institutional Trading of Global X Hydrogen ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HYDR. Jane Street Group LLC raised its position in Global X Hydrogen ETF by 12.5% in the first quarter. Jane Street Group LLC now owns 97,515 shares of the company’s stock worth $1,662,000 after purchasing an additional 10,806 shares in the last quarter. Susquehanna International Group LLP bought a new stake in shares of Global X Hydrogen ETF in the 3rd quarter valued at approximately $257,000. LPL Financial LLC raised its holdings in shares of Global X Hydrogen ETF by 37.7% in the 4th quarter. LPL Financial LLC now owns 21,352 shares of the company’s stock worth $679,000 after buying an additional 5,850 shares in the last quarter. Simplex Trading LLC raised its holdings in shares of Global X Hydrogen ETF by 2,048.9% in the 4th quarter. Simplex Trading LLC now owns 1,977 shares of the company’s stock worth $63,000 after buying an additional 1,885 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its position in shares of Global X Hydrogen ETF by 86.0% during the 4th quarter. Osaic Holdings Inc. now owns 5,718 shares of the company’s stock worth $182,000 after buying an additional 2,643 shares during the period.

Global X Hydrogen ETF Company Profile

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.