Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) Trading Up 0.1% – Should You Buy?

Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) shares were up 0.1% during trading on Friday . The stock traded as high as $30.71 and last traded at $30.71. Approximately 4,152 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 24,744 shares. The stock had previously closed at $30.67.

Global X Telemedicine & Digital Health ETF Trading Up 0.1%

The firm has a 50-day moving average of $31.52 and a 200 day moving average of $21.26. The stock has a market capitalization of $110.86 million, a price-to-earnings 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 lifted its stake in Global X Telemedicine & Digital Health ETF (NASDAQ:EDOC) by 246.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 82,884 shares of the company’s stock after acquiring an additional 58,978 shares during the period. 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.

About Global X Telemedicine & Digital Health ETF

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.