Moran Wealth Management LLC Purchases 16,850 Shares of Global X Internet of Things ETF $SNSR

Moran Wealth Management LLC grew its position in shares of Global X Internet of Things ETF (NASDAQ:SNSR) by 57.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,000 shares of the company’s stock after purchasing an additional 16,850 shares during the quarter. Moran Wealth Management LLC owned approximately 0.87% of Global X Internet of Things ETF worth $1,700,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SNSR. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Global X Internet of Things ETF by 61.8% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 72,000 shares of the company’s stock valued at $2,661,000 after buying an additional 27,500 shares during the period. Susquehanna International Group LLP grew its holdings in Global X Internet of Things ETF by 12.0% during the 3rd quarter. Susquehanna International Group LLP now owns 29,065 shares of the company’s stock worth $1,134,000 after acquiring an additional 3,116 shares during the last quarter. Flow Traders U.S. LLC grew its holdings in Global X Internet of Things ETF by 34.3% during the 3rd quarter. Flow Traders U.S. LLC now owns 63,213 shares of the company’s stock worth $2,466,000 after acquiring an additional 16,159 shares during the last quarter. Focus Partners Wealth increased its position in Global X Internet of Things ETF by 32.6% in the 3rd quarter. Focus Partners Wealth now owns 15,418 shares of the company’s stock valued at $601,000 after acquiring an additional 3,792 shares during the period. Finally, Citadel Advisors LLC acquired a new position in Global X Internet of Things ETF in the 3rd quarter valued at approximately $295,000.

Global X Internet of Things ETF Stock Performance

Shares of NASDAQ:SNSR opened at $43.03 on Monday. The firm has a market cap of $214.29 million, a PE ratio of 26.18 and a beta of 1.26. The firm’s fifty day moving average is $39.08 and its 200-day moving average is $38.27. Global X Internet of Things ETF has a 52 week low of $29.06 and a 52 week high of $43.40.

About Global X Internet of Things ETF

The Global X Internet of Things ETF (SNSR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index composed of developed market companies that facilitate the Internet of Things industry. SNSR was launched on Sep 12, 2016 and is managed by Global X.