Moran Wealth Management LLC Has $1.72 Million Stock Position in Global X Millennial Consumer ETF $MILN

Moran Wealth Management LLC increased its stake in shares of Global X Millennial Consumer ETF (NASDAQ:MILN) by 63.3% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 36,603 shares of the company’s stock after acquiring an additional 14,186 shares during the period. Moran Wealth Management LLC’s holdings in Global X Millennial Consumer ETF were worth $1,718,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of MILN. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Global X Millennial Consumer ETF in the second quarter valued at approximately $2,061,000. Bank of America Corp DE raised its stake in shares of Global X Millennial Consumer ETF by 4.2% during the 3rd quarter. Bank of America Corp DE now owns 405,164 shares of the company’s stock worth $20,041,000 after purchasing an additional 16,275 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Global X Millennial Consumer ETF during the 1st quarter worth approximately $493,000. Susquehanna International Group LLP acquired a new stake in shares of Global X Millennial Consumer ETF in the 3rd quarter valued at approximately $458,000. Finally, Sei Investments Co. acquired a new stake in shares of Global X Millennial Consumer ETF in the 2nd quarter valued at approximately $290,000.

Global X Millennial Consumer ETF Stock Performance

NASDAQ:MILN opened at $45.69 on Monday. The stock has a market capitalization of $101.89 million, a PE ratio of 27.54 and a beta of 1.24. Global X Millennial Consumer ETF has a 1-year low of $39.23 and a 1-year high of $50.86. The firm has a fifty day simple moving average of $42.22 and a 200 day simple moving average of $45.42.

About Global X Millennial Consumer ETF

The Global X Millennials Consumer ETF (MILN) is an exchange-traded fund that is based on the Indxx Millennials Thematic index. The fund tracks an index composed of US-listed companies that derive a significant source of their revenue from spending categories determined to be associated with millennials – people born between 1980 and 2000. MILN was launched on May 4, 2016 and is managed by Global X.