Daiwa Securities Group Inc. Sells 150,000 Shares of Global X Social Media ETF $SOCL

Daiwa Securities Group Inc. decreased its position in shares of Global X Social Media ETF (NASDAQ:SOCL) by 58.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 105,000 shares of the company’s stock after selling 150,000 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Global X Social Media ETF were worth $5,797,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SOCL. Flow Traders U.S. LLC purchased a new position in shares of Global X Social Media ETF during the second quarter valued at $291,000. Sei Investments Co. purchased a new position in shares of Global X Social Media ETF during the second quarter valued at $299,000. Raymond James Financial Inc. increased its stake in shares of Global X Social Media ETF by 15.6% during the second quarter. Raymond James Financial Inc. now owns 11,158 shares of the company’s stock valued at $596,000 after buying an additional 1,509 shares during the period. Jane Street Group LLC purchased a new position in shares of Global X Social Media ETF during the second quarter valued at $482,000. Finally, Ameriprise Financial Inc. purchased a new position in shares of Global X Social Media ETF during the second quarter valued at $243,000.

Global X Social Media ETF Trading Down 0.0%

Shares of Global X Social Media ETF stock opened at $45.92 on Monday. The firm has a market cap of $92.30 million, a P/E ratio of 21.77 and a beta of 1.01. Global X Social Media ETF has a 12 month low of $41.35 and a 12 month high of $63.93. The stock’s fifty day moving average price is $45.63 and its 200-day moving average price is $50.34.

About Global X Social Media ETF

The Global X Social Media ETF (SOCL) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market-cap-weighted index of social media companies selected by a committee. SOCL was launched on Nov 14, 2011 and is managed by Global X.