Global X E-Commerce ETF (NASDAQ:EBIZ) Stock Price Up 0.6% – What’s Next?

Shares of Global X E-Commerce ETF (NASDAQ:EBIZ) rose 0.6% during trading on Thursday . The company traded as high as $28.39 and last traded at $28.35. Approximately 1,233 shares were traded during trading, a decline of 82% from the average session volume of 6,938 shares. The stock had previously closed at $28.19.

Global X E-Commerce ETF Price Performance

The stock has a market cap of $26.65 million, a price-to-earnings ratio of 21.86 and a beta of 1.21. The company’s fifty day simple moving average is $27.75 and its two-hundred day simple moving average is $29.24.

Global X E-Commerce ETF Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Monday, June 29th will be given a dividend of $0.0835 per share. The ex-dividend date of this dividend is Monday, June 29th.

Hedge Funds Weigh In On Global X E-Commerce ETF

Several large investors have recently added to or reduced their stakes in EBIZ. UBS Group AG increased its holdings in Global X E-Commerce ETF by 0.8% during the 3rd quarter. UBS Group AG now owns 268,101 shares of the company’s stock worth $9,395,000 after purchasing an additional 2,124 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Global X E-Commerce ETF by 61.2% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 65,809 shares of the company’s stock valued at $2,014,000 after purchasing an additional 24,979 shares in the last quarter. Susquehanna International Group LLP lifted its holdings in shares of Global X E-Commerce ETF by 111.4% in the third quarter. Susquehanna International Group LLP now owns 53,606 shares of the company’s stock valued at $1,879,000 after purchasing an additional 28,245 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in shares of Global X E-Commerce ETF during the third quarter valued at approximately $1,539,000. Finally, Cetera Investment Advisers boosted its position in shares of Global X E-Commerce ETF by 40.9% during the first quarter. Cetera Investment Advisers now owns 33,238 shares of the company’s stock valued at $890,000 after buying an additional 9,643 shares during the last quarter.

About Global X E-Commerce ETF

The Global X E-commerce ETF (EBIZ) is an exchange-traded fund that is based on the Solactive E-commerce index, a market-cap-weighted index of global e-commerce companies, including online retailers, retail platforms, and supporting businesses. EBIZ was launched on Nov 27, 2018 and is managed by Global X.