Global X Renewable Energy Producers ETF (NASDAQ:RNRG) Position Trimmed by Assetmark Inc.

Assetmark Inc. trimmed its holdings in shares of Global X Renewable Energy Producers ETF (NASDAQ:RNRG) by 28.6% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,128 shares of the company’s stock after selling 2,057 shares during the period. Assetmark Inc. owned about 0.20% of Global X Renewable Energy Producers ETF worth $42,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. boosted its holdings in Global X Renewable Energy Producers ETF by 14.2% during the fourth quarter. Envestnet Asset Management Inc. now owns 14,026 shares of the company’s stock worth $122,000 after buying an additional 1,749 shares in the last quarter. Wayfinding Financial LLC acquired a new position in Global X Renewable Energy Producers ETF in the 1st quarter worth approximately $28,000. Finally, Focus Partners Wealth boosted its stake in Global X Renewable Energy Producers ETF by 74.3% in the 4th quarter. Focus Partners Wealth now owns 177,373 shares of the company’s stock worth $1,540,000 after purchasing an additional 75,599 shares during the period.

Global X Renewable Energy Producers ETF Stock Performance

Global X Renewable Energy Producers ETF stock opened at $9.95 on Tuesday. The company has a 50 day moving average price of $9.74 and a 200 day moving average price of $9.00. Global X Renewable Energy Producers ETF has a 52 week low of $7.30 and a 52 week high of $10.95. The firm has a market capitalization of $24.88 million, a price-to-earnings ratio of 15.93 and a beta of 0.78.

Global X Renewable Energy Producers ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, July 7th. Investors of record on Friday, June 27th were paid a $0.0419 dividend. The ex-dividend date of this dividend was Friday, June 27th.

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.