Joseph P. Lucia & Associates LLC Sells 745 Shares of Global X Social Media ETF $SOCL

Joseph P. Lucia & Associates LLC cut its position in Global X Social Media ETF (NASDAQ:SOCL) by 3.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 20,846 shares of the company’s stock after selling 745 shares during the period. Joseph P. Lucia & Associates LLC’s holdings in Global X Social Media ETF were worth $1,114,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. lifted its position in shares of Global X Social Media ETF by 5.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 23,733 shares of the company’s stock valued at $1,040,000 after acquiring an additional 1,253 shares during the period. Cetera Investment Advisers bought a new stake in shares of Global X Social Media ETF during the 1st quarter valued at $328,000. Finally, Valeo Financial Advisors LLC bought a new stake in shares of Global X Social Media ETF during the 2nd quarter valued at $213,000.

Global X Social Media ETF Stock Performance

NASDAQ:SOCL opened at $57.32 on Friday. The stock has a fifty day moving average price of $59.09 and a 200-day moving average price of $52.16. The company has a market cap of $152.47 million, a price-to-earnings ratio of 21.77 and a beta of 0.94. Global X Social Media ETF has a fifty-two week low of $37.50 and a fifty-two week high of $63.93.

Global X Social Media ETF Profile

The Global X Social Media ETF (SOCL) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market-cap-weighted index of social media companies selected by a committee. SOCL was launched on Nov 14, 2011 and is managed by Global X.