Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) Shares Down 0.3% – Here’s What Happened

Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI)’s stock price was down 0.3% on Friday . The company traded as low as $15.20 and last traded at $15.30. Approximately 51,267 shares were traded during trading, an increase of 498% from the average daily volume of 8,577 shares. The stock had previously closed at $15.34.

Global X NASDAQ 100 Risk Managed Income ETF Stock Down 0.3%

The company’s 50-day moving average price is $15.33 and its 200-day moving average price is $15.44. The firm has a market cap of $15.76 million, a price-to-earnings ratio of 33.04 and a beta of 0.38.

Global X NASDAQ 100 Risk Managed Income ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, July 23rd. Investors of record on Monday, July 20th were paid a $0.1498 dividend. The ex-dividend date of this dividend was Monday, July 20th.

Institutional Investors Weigh In On Global X NASDAQ 100 Risk Managed Income ETF

Institutional investors have recently bought and sold shares of the company. Tactive Advisors LLC raised its holdings in shares of Global X NASDAQ 100 Risk Managed Income ETF by 3.6% during the second quarter. Tactive Advisors LLC now owns 44,947 shares of the company’s stock valued at $702,000 after acquiring an additional 1,551 shares during the last quarter. Triumph Capital Management acquired a new stake in shares of Global X NASDAQ 100 Risk Managed Income ETF in the third quarter worth approximately $31,000. Strategic Advisors LLC purchased a new stake in shares of Global X NASDAQ 100 Risk Managed Income ETF during the second quarter worth approximately $67,000. Nwam LLC purchased a new stake in shares of Global X NASDAQ 100 Risk Managed Income ETF during the second quarter worth approximately $130,000. Finally, Susquehanna International Group LLP raised its stake in Global X NASDAQ 100 Risk Managed Income ETF by 51.2% in the 3rd quarter. Susquehanna International Group LLP now owns 27,752 shares of the company’s stock valued at $440,000 after purchasing an additional 9,397 shares during the last quarter.

About Global X NASDAQ 100 Risk Managed Income ETF

The Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that holds NASDAQ 100 stocks while employing an options collar strategy. The fund buys 5% OTM put options and sells ATM covered call options on a monthly basis. QRMI was launched on Aug 25, 2021 and is managed by Global X.