Moran Wealth Management LLC Has $1.72 Million Position in Global X Millennial Consumer ETF $MILN

Moran Wealth Management LLC increased its position in shares of Global X Millennial Consumer ETF (NASDAQ:MILN) by 63.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 36,603 shares of the company’s stock after buying an additional 14,186 shares during the quarter. Moran Wealth Management LLC owned 1.53% of Global X Millennial Consumer ETF worth $1,718,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Global X Millennial Consumer ETF during the 2nd quarter worth approximately $2,061,000. Bank of America Corp DE lifted its position in shares of Global X Millennial Consumer ETF by 4.2% in the third quarter. Bank of America Corp DE now owns 405,164 shares of the company’s stock worth $20,041,000 after purchasing an additional 16,275 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Global X Millennial Consumer ETF in the first quarter worth $493,000. Susquehanna International Group LLP acquired a new position in Global X Millennial Consumer ETF during the third quarter worth $458,000. Finally, Sei Investments Co. acquired a new position in Global X Millennial Consumer ETF during the second quarter worth $290,000.

Global X Millennial Consumer ETF Stock Performance

Global X Millennial Consumer ETF stock opened at $45.69 on Monday. Global X Millennial Consumer ETF has a 1-year low of $39.23 and a 1-year high of $50.86. The company has a fifty day simple moving average of $42.22 and a 200 day simple moving average of $45.42. The company has a market cap of $101.89 million, a P/E ratio of 27.54 and a beta of 1.24.

About Global X Millennial Consumer ETF

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. MILN was launched on May 4, 2016 and is managed by Global X.