CHGX Stock Summary and Trading Ideas (Axs Change Finance Esg ETF | ARCA:CHGX)

AXS Change Finance ESG ETF seeks to track the Change Finance Diversified Impact U.S. Large Cap Fossil Fuel Free Index (CHGX Index). The index was developed and is managed by Change Finance, PBC, the fund's portfolio manager. It takes the 1,000 largest stocks represented in the Solactive US Large & Mid Cap Index (GTR) and filters them against 125 ESG-related risk factors defined by Change Finance. Approximately 100 large cap and some mid cap companies that meet a diverse set of environmental, social and governance (ESG) standards are selected for the index. The sector weightings in the CHGX Index approximate those of the GTR, and each of the 100 securities are weighted equally. The ETF replicates the CHGX Index by investing in the same securities.

Axs Change Finance Esg ETF trades on the ARCA stock market under the symbol CHGX.

As of December 13, 2024, CHGX stock price declined to $39.72 with 4,894 million shares trading.

CHGX has a market cap of $150.94 million. This is considered a Micro Cap stock.

In the last 3 years, CHGX traded as high as $40.49 and as low as $24.19.

CHGX has underperformed the market in the last year with a price return of +22.7% while the SPY ETF gained +31.8%. CHGX has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +6.1% and -0.6%, respectively, while the SPY returned +8.5% and +1.0%, respectively.

CHGX support price is $39.49 and resistance is $40.03 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CHGX shares will trade within this expected range on the day.