Cetera Investment Advisers Buys New Position in Global X Social Media ETF $SOCL

Cetera Investment Advisers bought a new stake in shares of Global X Social Media ETF (NASDAQ:SOCL) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 7,473 shares of the company’s stock, valued at approximately $328,000. Cetera Investment Advisers owned 0.28% of Global X Social Media ETF at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in SOCL. Raymond James Financial Inc. bought a new stake in Global X Social Media ETF during the fourth quarter valued at approximately $428,000. Cambridge Investment Research Advisors Inc. grew its position in Global X Social Media ETF by 5.6% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 23,733 shares of the company’s stock valued at $1,040,000 after buying an additional 1,253 shares during the period. Finally, Jane Street Group LLC grew its position in Global X Social Media ETF by 174.4% during the fourth quarter. Jane Street Group LLC now owns 28,231 shares of the company’s stock valued at $1,195,000 after buying an additional 17,944 shares during the period.

Global X Social Media ETF Trading Down 1.8%

Shares of NASDAQ SOCL opened at $57.46 on Wednesday. The firm has a 50 day moving average of $54.09 and a 200 day moving average of $48.49. The firm has a market capitalization of $149.40 million, a price-to-earnings ratio of 21.77 and a beta of 0.94. Global X Social Media ETF has a 12-month low of $37.14 and a 12-month high of $59.99.

Global X Social Media ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, July 7th. Shareholders of record on Friday, June 27th were given a $0.1103 dividend. The ex-dividend date was Friday, June 27th.

About Global X Social Media ETF

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.