Mirae Asset Global Investments Co. Ltd. Sells 50,517 Shares of Global X Renewable Energy Producers ETF (NASDAQ:RNRG)

Mirae Asset Global Investments Co. Ltd. lowered its position in Global X Renewable Energy Producers ETF (NASDAQ:RNRG) by 13.5% in the 4th quarter, Holdings Channel reports. The firm owned 323,067 shares of the company’s stock after selling 50,517 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned 0.08% of Global X Renewable Energy Producers ETF worth $3,644,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Citigroup Inc. bought a new stake in shares of Global X Renewable Energy Producers ETF during the first quarter valued at approximately $26,000. Tempus Wealth Planning LLC raised its stake in shares of Global X Renewable Energy Producers ETF by 6.6% during the fourth quarter. Tempus Wealth Planning LLC now owns 36,139 shares of the company’s stock valued at $408,000 after acquiring an additional 2,224 shares in the last quarter. GeoWealth Management LLC raised its stake in shares of Global X Renewable Energy Producers ETF by 34.6% during the first quarter. GeoWealth Management LLC now owns 8,858 shares of the company’s stock valued at $110,000 after acquiring an additional 2,278 shares in the last quarter. Colony Group LLC raised its stake in shares of Global X Renewable Energy Producers ETF by 16.9% during the second quarter. Colony Group LLC now owns 19,256 shares of the company’s stock valued at $273,000 after acquiring an additional 2,779 shares in the last quarter. Finally, CreativeOne Wealth LLC raised its stake in shares of Global X Renewable Energy Producers ETF by 7.4% during the fourth quarter. CreativeOne Wealth LLC now owns 56,992 shares of the company’s stock valued at $748,000 after acquiring an additional 3,926 shares in the last quarter.

Global X Renewable Energy Producers ETF Stock Performance

Global X Renewable Energy Producers ETF stock opened at $9.34 on Wednesday. The company has a 50 day moving average price of $9.79 and a 200-day moving average price of $10.07. Global X Renewable Energy Producers ETF has a fifty-two week low of $9.12 and a fifty-two week high of $12.48. The company has a market capitalization of $37.43 million, a PE ratio of 16.29 and a beta of 0.78.

About Global X Renewable Energy Producers ETF

The Global X Renewable Energy Producers ETF (RNRG) is an exchange-traded fund that is based on the Indxx Renewable Energy Producers index, a market-cap-weighted index of global renewable energy companies including YieldCos. RNRG was launched on May 28, 2015 and is managed by Global X.