Global X Guru Index ETF (NYSEARCA:GURU) Trading 1.3% Higher – Here’s What Happened

Global X Guru Index ETF (NYSEARCA:GURUGet Free Report) traded up 1.3% on Monday . The company traded as high as $69.20 and last traded at $69.02. 1,098 shares changed hands during mid-day trading, a decline of 31% from the average session volume of 1,591 shares. The stock had previously closed at $68.11.

Global X Guru Index ETF Price Performance

The company has a fifty day moving average of $65.71 and a 200-day moving average of $63.06. The firm has a market capitalization of $62.81 million, a PE ratio of 21.69 and a beta of 1.00.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Fulcrum Equity Management acquired a new stake in shares of Global X Guru Index ETF during the 4th quarter valued at about $258,000. Raymond James Financial Inc. bought a new stake in shares of Global X Guru Index ETF in the 2nd quarter valued at approximately $181,000. Jones Financial Companies Lllp acquired a new position in Global X Guru Index ETF in the first quarter worth approximately $51,000. LPL Financial LLC increased its holdings in Global X Guru Index ETF by 4.3% in the fourth 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. bought a new position in Global X Guru Index ETF during the third quarter valued at approximately $37,000.

Global X Guru Index ETF Company Profile

(Get Free Report)

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.

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