First Allied Advisory Services Inc. raised its stake in Global X Funds (NASDAQ:SOCL) by 15.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,918 shares of the company’s stock after purchasing an additional 5,340 shares during the quarter. First Allied Advisory Services Inc. owned approximately 0.83% of Global X Funds worth $1,350,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Wells Fargo & Company MN lifted its position in shares of Global X Funds by 23.2% in the fourth quarter. Wells Fargo & Company MN now owns 52,833 shares of the company’s stock valued at $1,741,000 after buying an additional 9,952 shares during the last quarter. David R. Rahn & Associates Inc. bought a new position in shares of Global X Funds in the 4th quarter valued at $657,000. CIBC World Markets Inc. increased its stake in shares of Global X Funds by 15.8% in the 4th quarter. CIBC World Markets Inc. now owns 13,945 shares of the company’s stock valued at $459,000 after purchasing an additional 1,905 shares during the last quarter. Finally, Global Financial Private Capital LLC bought a new stake in Global X Funds during the 4th quarter worth $241,000.
Shares of Global X Funds (SOCL) traded up $0.60 during mid-day trading on Wednesday, reaching $38.64. The company had a trading volume of 144,915 shares, compared to its average volume of 104,018. Global X Funds has a twelve month low of $24.15 and a twelve month high of $39.03.
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