Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) Stock Price Down 0.6% – Should You Sell?

Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) shares traded down 0.6% during trading on Thursday . The company traded as low as $23.46 and last traded at $23.57. 3,313 shares were traded during mid-day trading, an increase of 175% from the average session volume of 1,203 shares. The stock had previously closed at $23.72.

Global X Dorsey Wright Thematic ETF Stock Up 0.8%

The stock has a market cap of $7.84 million, a P/E ratio of 26.08 and a beta of 1.23. The firm has a 50 day moving average price of $24.78 and a 200 day moving average price of $25.98.

Global X Dorsey Wright Thematic ETF Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, January 7th. Shareholders of record on Tuesday, December 30th were issued a dividend of $0.2752 per share. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Trading of Global X Dorsey Wright Thematic ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Ameritas Advisory Services LLC purchased a new position in shares of Global X Dorsey Wright Thematic ETF during the 3rd quarter valued at $102,000. Bank of America Corp DE purchased a new stake in Global X Dorsey Wright Thematic ETF in the 3rd quarter worth $95,000. SBI Securities Co. Ltd. bought a new stake in Global X Dorsey Wright Thematic ETF during the third quarter valued at about $53,000. Finally, AlphaCore Capital LLC purchased a new position in shares of Global X Dorsey Wright Thematic ETF in the fourth quarter valued at about $34,000.

About Global X Dorsey Wright Thematic ETF

Global X Funds – Global X Thematic Growth ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of global region. It invests through other funds in stocks of companies operating across diversified sectors. The fund invests in growth stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Solactive Thematic Growth Index, by using full replication technique. Global X Funds – Global X Thematic Growth ETF was formed on October 25, 2019 and is domiciled in the United States.