Hennessy Sustainable ETF (NASDAQ:STNC) Shares Down 0.8% – Should You Sell?

Shares of Hennessy Sustainable ETF (NASDAQ:STNC) traded down 0.8% during trading on Monday . The stock traded as low as $37.01 and last traded at $37.01. Approximately 4,185 shares traded hands during mid-day trading, an increase of 83% from the average session volume of 2,290 shares. The stock had previously closed at $37.29.

Hennessy Sustainable ETF Price Performance

The stock has a 50-day moving average price of $36.68 and a two-hundred day moving average price of $35.45. The stock has a market cap of $93.14 million, a PE ratio of 19.83 and a beta of 0.84.

Institutional Trading of Hennessy Sustainable ETF

Several hedge funds have recently modified their holdings of STNC. Cetera Investment Advisers boosted its position in shares of Hennessy Sustainable ETF by 67.6% during the 2nd quarter. Cetera Investment Advisers now owns 12,410 shares of the company’s stock valued at $383,000 after acquiring an additional 5,005 shares during the last quarter. O Shaughnessy Asset Management LLC purchased a new stake in Hennessy Sustainable ETF during the fourth quarter valued at $202,000. Raymond James Financial Inc. bought a new position in Hennessy Sustainable ETF during the second quarter valued at $96,000. Finally, Osaic Holdings Inc. purchased a new position in shares of Hennessy Sustainable ETF in the 2nd quarter worth $84,000.

Hennessy Sustainable ETF Company Profile

The Hennessy Stance ESG ETF (STNC) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent ETF that holds a concentrated portfolio of US firms screened for ESG criteria. The fund utilizes the Blue Tractor non-transparent model. STNC was launched on Mar 16, 2021 and is issued by Hennessy.