Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Trading Down 0.1% – Time to Sell?

Global X AgTech & Food Innovation ETF (NASDAQ:KROP)’s stock price fell 0.1% on Friday . The company traded as low as $34.81 and last traded at $34.96. Approximately 2,329 shares changed hands during mid-day trading, a decline of 30% from the average daily volume of 3,317 shares. The stock had previously closed at $35.01.

Global X AgTech & Food Innovation ETF Stock Down 0.1%

The stock has a fifty day moving average of $34.89 and a 200-day moving average of $34.47. The firm has a market capitalization of $9.09 million, a P/E ratio of 19.65 and a beta of 0.87.

Global X AgTech & Food Innovation ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were given a $0.1352 dividend. The ex-dividend date was Monday, June 29th.

Hedge Funds Weigh In On Global X AgTech & Food Innovation ETF

A number of large investors have recently modified their holdings of the stock. Jane Street Group LLC raised its position in Global X AgTech & Food Innovation ETF by 112.0% in the 1st quarter. Jane Street Group LLC now owns 22,862 shares of the company’s stock worth $227,000 after purchasing an additional 12,079 shares during the last quarter. Osaic Holdings Inc. boosted its position in Global X AgTech & Food Innovation ETF by 49.7% in the 2nd quarter. Osaic Holdings Inc. now owns 3,226 shares of the company’s stock valued at $35,000 after buying an additional 1,071 shares during the last quarter. Finally, CIBC Private Wealth Group LLC bought a new position in Global X AgTech & Food Innovation ETF in the 4th quarter valued at $25,000.

Global X AgTech & Food Innovation ETF Company Profile

The Global X AgTech & Food Innovation ETF (KROP) is an exchange-traded fund that is based on the Solactive AgTech & Food Innovation index. The fund passively invests in global companies related to advancing innovation and technologies in the agricultural and food industry space. KROP was launched on Jul 12, 2021 and is managed by Global X.