Xtrackers S&P MidCap 400 ESG ETF (NYSEARCA:MIDE) Trading 1.5% Higher – What’s Next?

Shares of Xtrackers S&P MidCap 400 ESG ETF (NYSEARCA:MIDE) rose 1.5% on Friday . The company traded as high as $32.91 and last traded at $32.91. Approximately 199 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 2,133 shares. The stock had previously closed at $32.43.

Xtrackers S&P MidCap 400 ESG ETF Stock Performance

The firm has a market capitalization of $9.87 million, a P/E ratio of 17.26 and a beta of 1.06. The company has a 50-day moving average price of $31.21 and a 200-day moving average price of $29.99.

Institutional Trading of Xtrackers S&P MidCap 400 ESG ETF

An institutional investor recently raised its position in Xtrackers S&P MidCap 400 ESG ETF stock. Blue Edge Capital LLC increased its stake in Xtrackers S&P MidCap 400 ESG ETF (NYSEARCA:MIDE) by 18.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,116 shares of the company’s stock after buying an additional 2,312 shares during the quarter. Blue Edge Capital LLC owned approximately 5.04% of Xtrackers S&P MidCap 400 ESG ETF worth $454,000 as of its most recent SEC filing.

Xtrackers S&P MidCap 400 ESG ETF Company Profile

The Xtrackers S&P MidCap 400 ESG ETF (MIDE) is an exchange-traded fund that is based on the S&P MidCap 400 ESG index. The fund tracks a market cap-weighted index of US mid-cap companies with favorable ESG ratings. MIDE was launched on Feb 24, 2021 and is managed by Xtrackers.