LFA Lugano Financial Advisors SA Trims Stock Position in Global X Renewable Energy Producers ETF $RNRG

LFA Lugano Financial Advisors SA trimmed its stake in shares of Global X Renewable Energy Producers ETF (NASDAQ:RNRGFree Report) by 66.7% in the third quarter, Holdings Channel reports. The fund owned 31,504 shares of the company’s stock after selling 63,008 shares during the period. LFA Lugano Financial Advisors SA’s holdings in Global X Renewable Energy Producers ETF were worth $1,003,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Raymond James Financial Inc. acquired a new position in shares of Global X Renewable Energy Producers ETF in the second quarter valued at approximately $38,000. Jane Street Group LLC purchased a new position in Global X Renewable Energy Producers ETF in the 1st quarter valued at $963,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Global X Renewable Energy Producers ETF by 5.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 154,698 shares of the company’s stock valued at $1,270,000 after buying an additional 7,895 shares during the period.

Global X Renewable Energy Producers ETF Stock Performance

Shares of Global X Renewable Energy Producers ETF stock opened at $35.51 on Friday. Global X Renewable Energy Producers ETF has a one year low of $21.90 and a one year high of $36.71. The company has a market cap of $28.05 million, a P/E ratio of 15.93 and a beta of 0.88. The firm has a fifty day moving average of $34.26 and a two-hundred day moving average of $32.64.

Global X Renewable Energy Producers ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were issued a dividend of $0.3741 per share. This represents a yield of 224.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Global X Renewable Energy Producers ETF Profile

(Free Report)

The Global X Renewable Energy Producers ETF (RNRG) is an exchange-traded fund that is based on the Indxx Renewable Energy Producers index, a market-cap-weighted index of global renewable energy companies including YieldCos. RNRG was launched on May 28, 2015 and is managed by Global X.

See Also

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Institutional Ownership by Quarter for Global X Renewable Energy Producers ETF (NASDAQ:RNRG)

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