Direxion Hydrogen ETF (NYSEARCA:HJEN) Trading Down 1.5%

Direxion Hydrogen ETF (NYSEARCA:HJEN) shares traded down 1.5% during trading on Wednesday . The company traded as low as $10.23 and last traded at $10.32. 8,266 shares were traded during mid-day trading, a decline of 47% from the average session volume of 15,532 shares. The stock had previously closed at $10.47.

Direxion Hydrogen ETF Stock Down 0.5 %

The stock has a market cap of $20.07 million, a PE ratio of 11.11 and a beta of 1.28. The business has a 50 day moving average price of $10.85 and a 200 day moving average price of $11.25.

Institutional Trading of Direxion Hydrogen ETF

Hedge funds have recently modified their holdings of the stock. Bank of America Corp DE boosted its position in Direxion Hydrogen ETF by 4,637.2% during the first quarter. Bank of America Corp DE now owns 146,191 shares of the company’s stock worth $2,110,000 after purchasing an additional 143,105 shares in the last quarter. Jane Street Group LLC boosted its position in Direxion Hydrogen ETF by 712.8% during the first quarter. Jane Street Group LLC now owns 103,839 shares of the company’s stock worth $2,074,000 after purchasing an additional 91,064 shares in the last quarter. Osaic Holdings Inc. boosted its position in Direxion Hydrogen ETF by 1,389.0% during the second quarter. Osaic Holdings Inc. now owns 87,522 shares of the company’s stock worth $105,000 after purchasing an additional 81,644 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in Direxion Hydrogen ETF during the first quarter worth approximately $567,000. Finally, Royal Bank of Canada purchased a new position in Direxion Hydrogen ETF during the second quarter worth approximately $338,000.

About Direxion Hydrogen ETF

The Direxion Hydrogen ETF (HJEN) is an exchange-traded fund that is based on the Indxx Hydrogen Economy index, a modified market-cap-weighted index of global companies involved in businesses related to the hydrogen industry. HJEN was launched on Mar 25, 2021 and is managed by Direxion.