Global X Social Media ETF (NASDAQ:SOCL – Get Free Report) shares traded up 1.8% during trading on Thursday. The company traded as high as $44.56 and last traded at $44.56. 3,905 shares changed hands during trading, a decline of 62% from the average session volume of 10,202 shares. The stock had previously closed at $43.77.
Global X Social Media ETF Stock Performance
The company has a market cap of $86.89 million, a price-to-earnings ratio of 21.77 and a beta of 1.01. The business’s 50 day moving average price is $44.56 and its 200-day moving average price is $45.26.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE grew its stake in Global X Social Media ETF by 8.9% in the first quarter. Bank of America Corp DE now owns 236,306 shares of the company’s stock valued at $10,232,000 after acquiring an additional 19,333 shares during the period. Parallel Advisors LLC lifted its position in shares of Global X Social Media ETF by 555.6% in the first quarter. Parallel Advisors LLC now owns 5,900 shares of the company’s stock valued at $255,000 after buying an additional 5,000 shares during the last quarter. AAFMAA Wealth Management & Trust LLC lifted its holdings in shares of Global X Social Media ETF by 5.1% during the second quarter. AAFMAA Wealth Management & Trust LLC now owns 25,421 shares of the company’s stock worth $1,114,000 after buying an additional 1,228 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its position in shares of Global X Social Media ETF by 47.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,714 shares of the company’s stock worth $150,000 after buying an additional 879 shares during the last quarter.
Global X Social Media ETF Company Profile
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.
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