Mirae Asset Global Investments Co. Ltd. Buys Shares of 43,100 Global X Social Media ETF $SOCL

Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Global X Social Media ETF (NASDAQ:SOCL) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 43,100 shares of the company’s stock, valued at approximately $2,618,000. Mirae Asset Global Investments Co. Ltd. owned about 1.67% of Global X Social Media ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Great Diamond Partners LLC purchased a new position in Global X Social Media ETF during the 3rd quarter valued at $2,540,000. Valeo Financial Advisors LLC bought a new stake in shares of Global X Social Media ETF during the second quarter worth $213,000. Osaic Holdings Inc. boosted its stake in shares of Global X Social Media ETF by 64.4% during the second quarter. Osaic Holdings Inc. now owns 6,481 shares of the company’s stock valued at $347,000 after purchasing an additional 2,538 shares during the period. Ameriprise Financial Inc. bought a new position in shares of Global X Social Media ETF in the second quarter worth about $243,000. Finally, Jane Street Group LLC bought a new position in shares of Global X Social Media ETF in the second quarter worth about $482,000.

Global X Social Media ETF Price Performance

Shares of SOCL opened at $55.39 on Tuesday. Global X Social Media ETF has a 1-year low of $37.50 and a 1-year high of $63.93. The company has a 50-day moving average of $56.05 and a 200 day moving average of $57.11. The firm has a market capitalization of $127.95 million, a price-to-earnings ratio of 21.77 and a beta of 0.94.

Global X Social Media ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were issued a $0.1276 dividend. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 46.0%.

Global X Social Media ETF Company 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.