Global X Renewable Energy Producers ETF (NASDAQ:RNRG) Stock Price Down 0.8% – Here’s What Happened

Global X Renewable Energy Producers ETF (NASDAQ:RNRG) was down 0.8% during mid-day trading on Wednesday . The stock traded as low as $35.34 and last traded at $35.34. Approximately 3,193 shares traded hands during trading, a decline of 48% from the average session volume of 6,195 shares. The stock had previously closed at $35.61.

Global X Renewable Energy Producers ETF Price Performance

The stock has a market cap of $30.56 million, a price-to-earnings ratio of 15.93 and a beta of 0.84. The stock’s 50-day moving average is $37.71 and its 200 day moving average is $36.52.

Global X Renewable Energy Producers ETF Announces Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Monday, June 29th will be paid a dividend of $0.2133 per share. The ex-dividend date of this dividend is Monday, June 29th.

Institutional Trading of Global X Renewable Energy Producers ETF

Several hedge funds have recently modified their holdings of the business. Natural Investments LLC acquired a new position in Global X Renewable Energy Producers ETF during the fourth quarter worth $1,093,000. Raymond James Financial Inc. acquired a new stake in Global X Renewable Energy Producers ETF in the second quarter valued at $38,000. CIBC Private Wealth Group LLC acquired a new stake in Global X Renewable Energy Producers ETF in the fourth quarter valued at $25,000. Jane Street Group LLC purchased a new stake in shares of Global X Renewable Energy Producers ETF during the 4th quarter worth $441,000. Finally, Flow Traders U.S. LLC boosted its position in shares of Global X Renewable Energy Producers ETF by 188.4% during the 3rd quarter. Flow Traders U.S. LLC now owns 33,037 shares of the company’s stock worth $1,052,000 after purchasing an additional 21,582 shares in the last quarter.

Global X Renewable Energy Producers ETF Company Profile

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.