Blue Horizon BNE ETF (NYSEARCA:BNE) Shares Up 1.2% – Time to Buy?

Blue Horizon BNE ETF (NYSEARCA:BNEGet Free Report) shares rose 1.2% during mid-day trading on Monday . The stock traded as high as $22.64 and last traded at $22.49. Approximately 1,700 shares changed hands during mid-day trading, an increase of 83% from the average daily volume of 931 shares. The stock had previously closed at $22.22.

Blue Horizon BNE ETF Price Performance

The company has a market cap of $4.50 million, a P/E ratio of 13.74 and a beta of 1.32. The company’s 50-day moving average is $22.48 and its two-hundred day moving average is $22.26.

About Blue Horizon BNE ETF

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The Blue Horizon BNE ETF (BNE) is an exchange-traded fund that is based on the Blue Horizon New Energy Economy 100 index. The fund tracks an equal-weighted index of global stocks that are perceived to benefit from a New Energy Economy. BNE was launched on Dec 8, 2020 and is managed by Blue Horizon.

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