Global X Aging Population ETF (NASDAQ:AGNG) Shares Up 3.7% – Here’s Why

Global X Aging Population ETF (NASDAQ:AGNG)’s share price rose 3.7% on Wednesday. The company traded as high as $41.12 and last traded at $41.14. 5,502 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 15,591 shares. The stock had previously closed at $39.66.

Global X Aging Population ETF Stock Down 0.8%

The company’s 50 day simple moving average is $37.60 and its 200-day simple moving average is $36.71. The firm has a market cap of $97.82 million, a P/E ratio of 24.67 and a beta of 0.59.

Institutional Investors Weigh In On Global X Aging Population ETF

A number of institutional investors and hedge funds have recently modified their holdings of AGNG. Paller Financial Services Inc lifted its position in shares of Global X Aging Population ETF by 2.8% during the third quarter. Paller Financial Services Inc now owns 88,293 shares of the company’s stock worth $3,233,000 after purchasing an additional 2,386 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Global X Aging Population ETF by 110.5% during the first quarter. Cetera Investment Advisers now owns 71,600 shares of the company’s stock valued at $2,549,000 after purchasing an additional 37,581 shares during the period. Aspire Capital Advisors LLC grew its holdings in shares of Global X Aging Population ETF by 4.1% in the second quarter. Aspire Capital Advisors LLC now owns 67,440 shares of the company’s stock worth $2,429,000 after purchasing an additional 2,641 shares during the last quarter. Citadel Advisors LLC grew its holdings in shares of Global X Aging Population ETF by 79.2% in the second quarter. Citadel Advisors LLC now owns 55,642 shares of the company’s stock worth $2,004,000 after purchasing an additional 24,593 shares during the last quarter. Finally, Independent Financial Group LLC bought a new position in shares of Global X Aging Population ETF in the first quarter worth about $1,598,000.

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.