Global X Thematic Growth ETF (NASDAQ:GXTG) Stock Price Down 0.1% – Here’s What Happened

Global X Thematic Growth ETF (NASDAQ:GXTG)’s share price fell 0.1% on Wednesday . The stock traded as low as $24.44 and last traded at $24.4508. 401 shares traded hands during trading, a decline of 90% from the average session volume of 4,021 shares. The stock had previously closed at $24.4759.

Global X Thematic Growth ETF Trading Down 0.1%

The business’s fifty day moving average price is $25.47 and its 200-day moving average price is $25.30. The company has a market capitalization of $11.49 million, a P/E ratio of 26.08 and a beta of 1.23.

Institutional Investors Weigh In On Global X Thematic Growth ETF

A hedge fund recently raised its stake in Global X Thematic Growth ETF stock. Osaic Holdings Inc. grew its position in shares of Global X Thematic Growth ETF (NASDAQ:GXTG) by 35.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,375 shares of the company’s stock after purchasing an additional 1,136 shares during the quarter. Osaic Holdings Inc. owned approximately 0.93% of Global X Thematic Growth ETF worth $99,000 as of its most recent SEC filing.

Global X Thematic Growth ETF Company Profile

The Global X Thematic Growth ETF (GXTG) is an exchange-traded fund that is based on the Solactive Thematic Growth index. The fund is a passively managed fund-of-funds providing global equity exposure todisruptive-growth trends. Selectionisbased ona quantitativemethodologyemphasizingrealized sales growth. GXTG was launched on Oct 25, 2019 and is managed by Global X.