Global X E-Commerce ETF (NASDAQ:EBIZ) Stock Position Lowered by LPL Financial LLC

LPL Financial LLC decreased its position in Global X E-Commerce ETF (NASDAQ:EBIZ) by 15.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 67,397 shares of the company’s stock after selling 12,062 shares during the quarter. LPL Financial LLC owned about 2.34% of Global X E-Commerce ETF worth $1,246,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of EBIZ. Capital Investment Advisory Services LLC lifted its holdings in Global X E-Commerce ETF by 46.9% in the 2nd quarter. Capital Investment Advisory Services LLC now owns 2,522 shares of the company’s stock valued at $47,000 after acquiring an additional 805 shares during the last quarter. Credit Suisse AG acquired a new stake in Global X E-Commerce ETF during the second quarter valued at approximately $156,000. Susquehanna International Group LLP bought a new stake in Global X E-Commerce ETF during the fourth quarter worth approximately $207,000. Royal Bank of Canada boosted its holdings in Global X E-Commerce ETF by 268.9% during the third quarter. Royal Bank of Canada now owns 29,440 shares of the company’s stock worth $447,000 after buying an additional 21,459 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in Global X E-Commerce ETF in the third quarter worth approximately $527,000.

Global X E-Commerce ETF Stock Performance

Shares of NASDAQ:EBIZ opened at $18.69 on Friday. The company has a market capitalization of $64.67 million, a PE ratio of 62.14 and a beta of 1.24. The stock has a fifty day moving average of $17.86 and a 200-day moving average of $18.21. Global X E-Commerce ETF has a one year low of $15.68 and a one year high of $21.37.

Global X E-Commerce ETF Profile

The Global X E-commerce ETF (EBIZ) is an exchange-traded fund that is based on the Solactive E-commerce index, a market-cap-weighted index of global e-commerce companies, including online retailers, retail platforms, and supporting businesses. EBIZ was launched on Nov 27, 2018 and is managed by Global X.