LPL Financial LLC Purchases 44,746 Shares of Global X Social Media ETF (NASDAQ:SOCL)

LPL Financial LLC increased its position in shares of Global X Social Media ETF (NASDAQ:SOCLFree Report) by 141.5% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 76,379 shares of the company’s stock after buying an additional 44,746 shares during the period. LPL Financial LLC owned 1.92% of Global X Social Media ETF worth $2,826,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Baird Financial Group Inc. raised its stake in Global X Social Media ETF by 2.0% during the first quarter. Baird Financial Group Inc. now owns 19,090 shares of the company’s stock worth $808,000 after buying an additional 371 shares during the last quarter. Royal Bank of Canada increased its stake in Global X Social Media ETF by 3.8% in the third quarter. Royal Bank of Canada now owns 16,661 shares of the company’s stock valued at $462,000 after purchasing an additional 617 shares in the last quarter. US Bancorp DE bought a new stake in Global X Social Media ETF in the first quarter valued at $42,000. Commonwealth Equity Services LLC increased its stake in Global X Social Media ETF by 11.1% in the third quarter. Commonwealth Equity Services LLC now owns 11,502 shares of the company’s stock valued at $319,000 after purchasing an additional 1,152 shares in the last quarter. Finally, HBW Advisory Services LLC bought a new stake in Global X Social Media ETF in the first quarter valued at $78,000.

Global X Social Media ETF Trading Down 0.8 %

SOCL opened at $38.21 on Wednesday. Global X Social Media ETF has a 1-year low of $24.32 and a 1-year high of $40.77. The company has a market cap of $139.47 million, a P/E ratio of 11.77 and a beta of 0.94. The company has a fifty day moving average price of $38.07 and a two-hundred day moving average price of $36.38.

Global X Social Media ETF Increases Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Monday, July 10th. Shareholders of record on Friday, June 30th were paid a $0.191 dividend. This is an increase from Global X Social Media ETF’s previous Semi-Annual dividend of $0.12. The ex-dividend date was Thursday, June 29th.

About Global X Social Media ETF

(Free Report)

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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Institutional Ownership by Quarter for Global X Social Media ETF (NASDAQ:SOCL)

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