Global X Aging Population ETF (NASDAQ:AGNG) Trading Down 0.7% – Should You Sell?

Global X Aging Population ETF (NASDAQ:AGNG)’s share price traded down 0.7% on Tuesday . The company traded as low as $36.70 and last traded at $36.84. 20,459 shares changed hands during mid-day trading, a decline of 47% from the average session volume of 38,403 shares. The stock had previously closed at $37.09.

Global X Aging Population ETF Price Performance

The stock has a market capitalization of $84.36 million, a PE ratio of 24.67 and a beta of 0.70. The firm has a fifty day moving average price of $36.52 and a two-hundred day moving average price of $34.67.

Global X Aging Population ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were paid a dividend of $0.1722 per share. This represents a dividend yield of 95.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Investors Weigh In On Global X Aging Population ETF

Several large investors have recently added to or reduced their stakes in AGNG. Insight Advisors LLC PA raised its stake in shares of Global X Aging Population ETF by 8.0% during the second quarter. Insight Advisors LLC PA now owns 10,012 shares of the company’s stock valued at $319,000 after acquiring an additional 745 shares in the last quarter. PNC Financial Services Group Inc. raised its position in Global X Aging Population ETF by 52.6% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,900 shares of the company’s stock valued at $93,000 after purchasing an additional 1,000 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of Global X Aging Population ETF by 76.2% in the 2nd quarter. Sei Investments Co. now owns 11,784 shares of the company’s stock worth $376,000 after buying an additional 5,097 shares during the period. Bank of America Corp DE grew its position in shares of Global X Aging Population ETF by 220.6% during the 2nd quarter. Bank of America Corp DE now owns 23,479 shares of the company’s stock worth $749,000 after buying an additional 16,156 shares in the last quarter. Finally, Farther Finance Advisors LLC purchased a new position in shares of Global X Aging Population ETF during the third quarter valued at $33,000.

About Global X Aging Population ETF

The Global X Aging Population ETF (AGNG) is an exchange-traded fund that is based on the Indxx Aging Population Thematic index, a market-cap-weighted index of companies from developed markets, whose revenue or main business purpose is tied to enhancing and elongating the lives of senior citizens. AGNG was launched on May 9, 2016 and is managed by Global X.