Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Stock Price Down 0.5% – Here’s Why

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) was down 0.5% during trading on Monday . The company traded as low as $34.83 and last traded at $34.83. 574 shares were traded during mid-day trading, a decline of 81% from the average session volume of 3,041 shares. The stock had previously closed at $35.01.

Global X AgTech & Food Innovation ETF Stock Down 0.5%

The stock has a market cap of $9.06 million, a P/E ratio of 19.65 and a beta of 0.87. The stock has a fifty day simple moving average of $34.92 and a 200-day simple moving average of $34.96.

Global X AgTech & Food Innovation ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 29th were given a $0.1352 dividend. The ex-dividend date was Monday, June 29th.

Institutional Investors Weigh In On Global X AgTech & Food Innovation ETF

Several large investors have recently bought and sold shares of KROP. CIBC Private Wealth Group LLC bought a new position in shares of Global X AgTech & Food Innovation ETF during the fourth quarter worth $25,000. Osaic Holdings Inc. increased its position in shares of Global X AgTech & Food Innovation ETF by 49.7% in the 2nd quarter. Osaic Holdings Inc. now owns 3,226 shares of the company’s stock valued at $35,000 after buying an additional 1,071 shares in the last quarter. Finally, Jane Street Group LLC increased its position in shares of Global X AgTech & Food Innovation ETF by 112.0% in the 1st quarter. Jane Street Group LLC now owns 22,862 shares of the company’s stock valued at $227,000 after buying an additional 12,079 shares in the last quarter.

Global X AgTech & Food Innovation ETF Company Profile

The Global X AgTech & Food Innovation ETF (KROP) is an exchange-traded fund that is based on the Solactive AgTech & Food Innovation index. The fund passively invests in global companies related to advancing innovation and technologies in the agricultural and food industry space. KROP was launched on Jul 12, 2021 and is managed by Global X.