Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (EMCR) has seen unusual trading volume, which is 26× higher than its average daily volume.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Among its top holdings, Nu Holdings Ltd. Class A, which makes up about 0.6% of the ETF, drew attention after UBS upgraded the stock to Buy from Neutral and slightly raised its price target to $17.60, citing strong earnings growth and an attractive valuation. The broker noted that Nu’s earnings have doubled since 2023 while the shares still trade at similar valuation levels, and it expects further growth supported by an accelerating loan portfolio. Other major holdings such as Tencent, Alibaba, and PDD did not have notable news in the past day based on the provided information.