Global X Thematic Growth ETF (NASDAQ:GXTG) Stock Price Down 0% – What’s Next?

Global X Thematic Growth ETF (NASDAQ:GXTG) was down 0% during mid-day trading on Thursday . The company traded as low as $26.88 and last traded at $26.89. Approximately 1,212 shares traded hands during trading, a decline of 70% from the average daily volume of 4,021 shares. The stock had previously closed at $26.89.

Global X Thematic Growth ETF Stock Down 0.0%

The company has a market cap of $12.64 million, a price-to-earnings ratio of 26.08 and a beta of 1.23. The company’s 50-day moving average is $26.16 and its 200 day moving average is $24.51.

Institutional Trading of Global X Thematic Growth ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. GTS Securities LLC grew its position in Global X Thematic Growth ETF by 147.1% during the fourth quarter. GTS Securities LLC now owns 32,864 shares of the company’s stock valued at $771,000 after buying an additional 19,562 shares during the period. Osaic Holdings Inc. grew its position in Global X Thematic Growth ETF by 35.1% during the second quarter. Osaic Holdings Inc. now owns 4,375 shares of the company’s stock valued at $99,000 after buying an additional 1,136 shares during the period. Ameritas Advisory Services LLC acquired a new stake in Global X Thematic Growth ETF during the second quarter valued at $84,000. Finally, AdvisorNet Financial Inc acquired a new stake in Global X Thematic Growth ETF during the first quarter valued at $26,000.

About Global X Thematic Growth ETF

The Global X Thematic Growth ETF (GXTG) is an exchange-traded fund that is based on the Solactive Thematic Growth index. The fund is a passively managed fund-of-funds providing global equity exposure todisruptive-growth trends. Selectionisbased ona quantitativemethodologyemphasizingrealized sales growth.