Mirae Asset Global Investments Co. Ltd. Takes $5.47 Million Position in Global X Social Media Index ETF (NASDAQ:SOCL)

Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Global X Social Media Index ETF (NASDAQ:SOCLFree Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 135,666 shares of the company’s stock, valued at approximately $5,465,000. Mirae Asset Global Investments Co. Ltd. owned approximately 3.88% of Global X Social Media Index ETF at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Assetmark Inc. grew its stake in Global X Social Media Index ETF by 102.0% in the 4th quarter. Assetmark Inc. now owns 5,564 shares of the company’s stock valued at $225,000 after acquiring an additional 2,810 shares during the period. Raymond James & Associates acquired a new position in shares of Global X Social Media Index ETF during the 4th quarter valued at about $261,000. NBC Securities Inc. boosted its position in shares of Global X Social Media Index ETF by 2.4% during the 4th quarter. NBC Securities Inc. now owns 23,050 shares of the company’s stock valued at $930,000 after acquiring an additional 550 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in shares of Global X Social Media Index ETF by 256.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 47,187 shares of the company’s stock valued at $1,901,000 after acquiring an additional 33,963 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its position in shares of Global X Social Media Index ETF by 14.0% during the 4th quarter. Daiwa Securities Group Inc. now owns 815,000 shares of the company’s stock valued at $32,902,000 after acquiring an additional 100,000 shares during the last quarter.

Global X Social Media Index ETF Trading Down 0.6 %

Shares of SOCL opened at $43.37 on Thursday. The firm has a market cap of $137.92 million, a P/E ratio of 29.02 and a beta of 0.94. Global X Social Media Index ETF has a 12-month low of $33.23 and a 12-month high of $44.97. The company’s 50-day moving average price is $43.02 and its 200 day moving average price is $40.98.

Global X Social Media Index ETF Announces Dividend

The business also recently disclosed a Semi-Annual dividend, which was paid on Friday, July 5th. Investors of record on Thursday, June 27th were issued a $0.1039 dividend. The ex-dividend date of this dividend was Thursday, June 27th.

Global X Social Media Index ETF Company Profile

(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.

Further Reading

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

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