Mirae Asset Global Investments Co. Ltd. Has $2.99 Million Position in Global X Cannabis ETF (NASDAQ:POTX)

Mirae Asset Global Investments Co. Ltd. lessened its position in Global X Cannabis ETF (NASDAQ:POTX) by 13.6% during the 4th quarter, Holdings Channel reports. The firm owned 511,719 shares of the company’s stock after selling 80,236 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned approximately 0.10% of Global X Cannabis ETF worth $2,988,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Commonwealth Equity Services LLC boosted its stake in shares of Global X Cannabis ETF by 15.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 11,965 shares of the company’s stock valued at $163,000 after purchasing an additional 1,595 shares in the last quarter. UBS Group AG boosted its stake in shares of Global X Cannabis ETF by 5,250.0% in the 4th quarter. UBS Group AG now owns 2,675 shares of the company’s stock valued at $30,000 after purchasing an additional 2,625 shares in the last quarter. LPL Financial LLC boosted its stake in shares of Global X Cannabis ETF by 11.4% in the 4th quarter. LPL Financial LLC now owns 32,109 shares of the company’s stock valued at $357,000 after purchasing an additional 3,281 shares in the last quarter. Captrust Financial Advisors boosted its stake in shares of Global X Cannabis ETF by 16.7% in the 2nd quarter. Captrust Financial Advisors now owns 36,171 shares of the company’s stock valued at $252,000 after purchasing an additional 5,164 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Global X Cannabis ETF by 49.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 16,756 shares of the company’s stock valued at $111,000 after purchasing an additional 5,511 shares in the last quarter.

Global X Cannabis ETF Stock Performance

Shares of NASDAQ:POTX opened at $5.16 on Thursday. Global X Cannabis ETF has a 52 week low of $5.04 and a 52 week high of $11.50. The company’s fifty day moving average is $5.16 and its 200-day moving average is $5.47. The company has a market capitalization of $26.06 million, a PE ratio of -0.91 and a beta of 1.56.

Global X Cannabis ETF Company Profile

The Global X Cannabis ETF (POTX) is an exchange-traded fund that is based on the Cannabis index. The fund tracks an index of developed market companies related to cannabis, hemp & CBD. POTX was launched on Sep 17, 2019 and is managed by Global X.