Ecofin Global Water ESG Fund (NYSEARCA:EBLU) Shares Down 1.6% – Here’s Why

Ecofin Global Water ESG Fund (NYSEARCA:EBLUGet Free Report) dropped 1.6% during trading on Wednesday . The stock traded as low as $49.55 and last traded at $49.55. Approximately 2,676 shares traded hands during mid-day trading, an increase of 2% from the average daily volume of 2,628 shares. The stock had previously closed at $50.36.

Ecofin Global Water ESG Fund Trading Down 1.6 %

The company’s 50 day simple moving average is $49.16 and its 200-day simple moving average is $47.86. The firm has a market cap of $56.98 million, a P/E ratio of 30.28 and a beta of 0.85.

About Ecofin Global Water ESG Fund

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The Ecofin Global Water ESG Fund (EBLU) is an exchange-traded fund that is based on the Ecofin Global Water ESG index. The fund tracks an index of water infrastructure and management companies listed in developed countries. EBLU was launched on Feb 15, 2017 and is managed by Tortoise.

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