Cetera Investment Advisers Raises Stake in Global X Millennial Consumer ETF $MILN

Cetera Investment Advisers raised its position in Global X Millennial Consumer ETF (NASDAQ:MILN) by 5.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,162 shares of the company’s stock after purchasing an additional 1,562 shares during the period. Cetera Investment Advisers owned 1.17% of Global X Millennial Consumer ETF worth $1,472,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of MILN. LPL Financial LLC grew its stake in shares of Global X Millennial Consumer ETF by 27.3% during the first quarter. LPL Financial LLC now owns 92,026 shares of the company’s stock worth $3,967,000 after purchasing an additional 19,728 shares in the last quarter. CreativeOne Wealth LLC lifted its holdings in Global X Millennial Consumer ETF by 19.6% during the 1st quarter. CreativeOne Wealth LLC now owns 30,173 shares of the company’s stock worth $1,301,000 after buying an additional 4,949 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Global X Millennial Consumer ETF by 6.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 27,756 shares of the company’s stock worth $1,354,000 after acquiring an additional 1,722 shares in the last quarter. Moran Wealth Management LLC increased its holdings in shares of Global X Millennial Consumer ETF by 87.5% in the 2nd quarter. Moran Wealth Management LLC now owns 12,179 shares of the company’s stock valued at $594,000 after acquiring an additional 5,683 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of Global X Millennial Consumer ETF in the 1st quarter valued at about $493,000.

Global X Millennial Consumer ETF Stock Up 0.0%

MILN stock opened at $46.69 on Tuesday. The business has a 50 day moving average price of $47.74 and a 200 day moving average price of $48.22. The stock has a market cap of $111.59 million, a price-to-earnings ratio of 27.54 and a beta of 1.25. Global X Millennial Consumer ETF has a fifty-two week low of $36.87 and a fifty-two week high of $50.86.

Global X Millennial Consumer ETF 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.