Hennessy Stance ESG Large Cap ETF (NYSEARCA:STNC) saw a slight decrease in its stock price by 0.4% on Friday, trading as low as $29.43 and closing at $29.44. With a market capitalization of $114.82 million, a P/E ratio of 26.37, and a beta of 0.86, the stock’s performance has been relatively stable.
In terms of institutional trading, various large investors have recently made moves with STNC. Cerity Partners LLC, Wealth Enhancement Advisory Services LLC, and Essex LLC all acquired new positions in the company in the past few quarters.
The Stance Equity ESG Large Cap Core ETF is an actively-managed, non-transparent ETF that focuses on investing in large-cap equity. The fund holds a concentrated portfolio of US large-cap companies that meet ESG criteria, utilizing the Blue Tractor non-transparent model.
Overall, Hennessy Stance ESG Large Cap ETF presents an interesting investment opportunity for those looking to align their investment strategy with ESG principles. It’s worth keeping an eye on how the company continues to perform in the market.
DailyBubble believes that ESG investing is becoming increasingly important in today’s market environment, and Hennessy Stance ESG Large Cap ETF’s focus on sustainability and responsible investing aligns well with current trends. Investors should consider the potential long-term benefits of incorporating ESG principles into their investment strategies.