Cetera Investment Advisers Lowers Holdings in Global X Millennial Consumer ETF (NASDAQ:MILN)

Cetera Investment Advisers decreased its holdings in Global X Millennial Consumer ETF (NASDAQ:MILN) by 8.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,155 shares of the company’s stock after selling 1,994 shares during the quarter. Cetera Investment Advisers owned approximately 0.83% of Global X Millennial Consumer ETF worth $996,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. SBI Securities Co. Ltd. acquired a new position in Global X Millennial Consumer ETF during the 4th quarter worth approximately $30,000. JPMorgan Chase & Co. raised its position in shares of Global X Millennial Consumer ETF by 182.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 803 shares of the company’s stock valued at $34,000 after acquiring an additional 519 shares in the last quarter. Barclays PLC grew its stake in Global X Millennial Consumer ETF by 33.3% during the 3rd quarter. Barclays PLC now owns 3,000 shares of the company’s stock worth $126,000 after buying an additional 750 shares during the last quarter. Raymond James Financial Inc. bought a new position in Global X Millennial Consumer ETF during the 4th quarter worth $305,000. Finally, LPL Financial LLC grew its stake in shares of Global X Millennial Consumer ETF by 5.4% in the fourth quarter. LPL Financial LLC now owns 72,298 shares of the company’s stock worth $3,251,000 after purchasing an additional 3,735 shares in the last quarter.

Global X Millennial Consumer ETF Stock Performance

NASDAQ:MILN opened at $45.70 on Friday. The business has a fifty day moving average of $43.16 and a 200-day moving average of $45.24. Global X Millennial Consumer ETF has a 1 year low of $35.03 and a 1 year high of $49.77. The stock has a market cap of $117.45 million, a price-to-earnings ratio of 28.27 and a beta of 1.21.

Global X Millennial Consumer ETF Company Profile

The Global X Millennials Consumer ETF (MILN) is an exchange-traded fund that is based on the Indxx Millennials Thematic index. The fund tracks an index composed of US-listed companies that derive a significant source of their revenue from spending categories determined to be associated with millennials – people born between 1980 and 2000.