Cavalier Investments LLC Buys Shares of 15,976 Global X MSCI Colombia ETF $GXG

Cavalier Investments LLC purchased a new position in shares of Global X MSCI Colombia ETF (NYSEARCA:GXG) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 15,976 shares of the company’s stock, valued at approximately $461,000.

Other hedge funds have also made changes to their positions in the company. Sound Income Strategies LLC bought a new position in shares of Global X MSCI Colombia ETF in the 2nd quarter valued at approximately $26,000. Dauntless Investment Group LLC acquired a new position in Global X MSCI Colombia ETF during the first quarter valued at approximately $354,000. Sigma Planning Corp acquired a new position in Global X MSCI Colombia ETF during the first quarter valued at approximately $576,000. Kovitz Investment Group Partners LLC bought a new position in shares of Global X MSCI Colombia ETF in the first quarter valued at approximately $1,115,000. Finally, Lansing Street Advisors acquired a new stake in shares of Global X MSCI Colombia ETF in the second quarter worth $1,437,000.

Global X MSCI Colombia ETF Trading Down 0.6%

NYSEARCA GXG opened at $29.39 on Wednesday. Global X MSCI Colombia ETF has a 1 year low of $22.30 and a 1 year high of $29.94. The company has a fifty day simple moving average of $29.38 and a 200 day simple moving average of $28.87. The company has a market cap of $97.85 million, a P/E ratio of 11.46 and a beta of 0.88.

About Global X MSCI Colombia ETF

The Global X MSCI Colombia ETF (GXG) is an exchange-traded fund that is based on the MSCI All Colombia Select 25\u002F50 index. The fund tracks an index of large-, mid, and small-cap Colombian companies. GXG was launched on Feb 5, 2009 and is managed by Global X.