Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) Shares Down 0.2% – Time to Sell?

Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) shares traded down 0.2% during mid-day trading on Tuesday . The company traded as low as $32.74 and last traded at $32.82. 4,190 shares traded hands during trading, a decline of 83% from the average session volume of 24,744 shares. The stock had previously closed at $32.88.

Global X Telemedicine & Digital Health ETF Stock Performance

The stock has a 50-day moving average of $21.26 and a two-hundred day moving average of $13.98. The company has a market cap of $118.48 million, a P/E ratio of 42.80 and a beta of 0.88.

Institutional Trading of Global X Telemedicine & Digital Health ETF

An institutional investor recently raised its position in Global X Telemedicine & Digital Health ETF stock. Flow Traders U.S. LLC increased its position in Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) by 246.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 82,884 shares of the company’s stock after buying an additional 58,978 shares during the quarter. Flow Traders U.S. LLC owned 2.30% of Global X Telemedicine & Digital Health ETF worth $783,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Global X Telemedicine & Digital Health ETF Company Profile

The Global X Telemedicine & Digital Health ETF (EDOC) is an exchange-traded fund that mostly invests in health care equity. The fund tracks a market-cap weighted index of companies in the global health care industry with high exposure to telemedicine & digital health. EDOC was launched on Jul 29, 2020 and is managed by Global X.