Global X Guru Index ETF (NYSEARCA:GURU – Get Free Report) was the recipient of a large decline in short interest in April. As of April 30th, there was short interest totaling 296 shares, a decline of 86.9% from the April 15th total of 2,262 shares. Based on an average daily trading volume, of 2,391 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.
Global X Guru Index ETF Stock Down 1.4%
Shares of GURU stock traded down $0.92 during mid-day trading on Tuesday, reaching $64.50. 1,357 shares of the company’s stock traded hands, compared to its average volume of 1,708. Global X Guru Index ETF has a 12 month low of $50.31 and a 12 month high of $67.73. The company has a market cap of $58.70 million, a P/E ratio of 21.69 and a beta of 1.00. The company’s 50-day moving average price is $61.77 and its 200-day moving average price is $62.01.
Institutional Trading of Global X Guru Index ETF
Hedge funds have recently modified their holdings of the business. IFP Advisors Inc raised its position in shares of Global X Guru Index ETF by 2.2% in the 3rd quarter. IFP Advisors Inc now owns 14,103 shares of the company’s stock worth $840,000 after purchasing an additional 309 shares during the last quarter. Jones Financial Companies Lllp purchased a new position in Global X Guru Index ETF in the 1st quarter worth about $51,000. Raymond James Financial Inc. purchased a new position in Global X Guru Index ETF in the 2nd quarter worth about $181,000. LPL Financial LLC raised its position in Global X Guru Index ETF by 4.3% in the 4th quarter. LPL Financial LLC now owns 17,423 shares of the company’s stock worth $1,089,000 after buying an additional 715 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in Global X Guru Index ETF in the 3rd quarter worth about $37,000.
About Global X Guru Index ETF
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.
See Also
- Five stocks we like better than Global X Guru Index ETF
- Navy Catalyst Ignites Odysight’s Growth Engine
- AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?
- Axon Surged After Earnings and Is Still Down Over 50% From Highs
- The Event That Could Redefine Apple’s Summer Rally
Receive News & Ratings for Global X Guru Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Guru Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
