Global X Guru Index ETF (NYSEARCA:GURU) Shares Up 0.8% – Here’s Why

Global X Guru Index ETF (NYSEARCA:GURU) traded up 0.8% during trading on Monday. The company traded as high as $68.67 and last traded at $68.44. Approximately 648 shares were traded during mid-day trading, a decline of 55% from the average session volume of 1,451 shares. The stock had previously closed at $67.89.

Global X Guru Index ETF Stock Up 0.8%

The firm has a market capitalization of $60.91 million, a PE ratio of 21.69 and a beta of 1.00. The business’s fifty day moving average price is $69.10 and its 200 day moving average price is $66.65.

Institutional Trading of Global X Guru Index ETF

A hedge fund recently raised its position in Global X Guru Index ETF stock. Citadel Advisors LLC raised its stake in Global X Guru Index ETF (NYSEARCA:GURU) by 54.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,326 shares of the company’s stock after purchasing an additional 2,579 shares during the quarter. Citadel Advisors LLC owned 0.81% of Global X Guru Index ETF worth $513,000 at the end of the most recent reporting period.

Global X Guru Index ETF Company Profile

The Global X Guru Index ETF (GURU) is an exchange-traded fund that is based on the Solactive Guru index. The fund tracks an equal-weighted index that attempts to mimic concentrated equity positions taken by large hedge funds, as reported in public filings. GURU was launched on Jun 4, 2012 and is managed by Global X.