U.S. Vegan Climate ETF (BATS:VEGN) Trading Down 1.7% – Should You Sell?

U.S. Vegan Climate ETF (BATS:VEGN)’s stock price fell 1.7% on Thursday . The company traded as low as $58.23 and last traded at $58.23. 11,130 shares changed hands during trading, an increase of 77% from the average session volume of 6,271 shares. The stock had previously closed at $59.22.

U.S. Vegan Climate ETF Stock Performance

The business’s fifty day simple moving average is $60.53 and its 200-day simple moving average is $60.06. The company has a market capitalization of $125.15 million, a P/E ratio of 26.92 and a beta of 1.13.

Hedge Funds Weigh In On U.S. Vegan Climate ETF

An institutional investor recently raised its position in U.S. Vegan Climate ETF stock. Kingswood Wealth Advisors LLC increased its stake in U.S. Vegan Climate ETF (BATS:VEGN) by 1.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,389 shares of the company’s stock after purchasing an additional 285 shares during the period. Kingswood Wealth Advisors LLC owned 1.04% of U.S. Vegan Climate ETF worth $1,422,000 as of its most recent filing with the Securities & Exchange Commission.

About U.S. Vegan Climate ETF

The US Vegan Climate ETF (VEGN) is an exchange-traded fund that is based on the US Vegan Climate index. The fund seeks to track a principles-based index of U.S. equities weighted by market-cap. VEGN was launched on Sep 9, 2019 and is managed by Beyond.