Global X Millennial Consumer ETF (NASDAQ:MILN – Get Free Report) traded down 0.9% on Wednesday. The stock traded as low as $43.82 and last traded at $43.8240. Approximately 2,589 shares were traded during trading, a decline of 75% from the average session volume of 10,190 shares. The stock had previously closed at $44.22.
Global X Millennial Consumer ETF Stock Performance
The stock has a market capitalization of $89.40 million, a PE ratio of 27.54 and a beta of 1.20. The business’s 50-day moving average is $44.41 and its two-hundred day moving average is $44.04.
Institutional Trading of Global X Millennial Consumer ETF
Several hedge funds have recently made changes to their positions in MILN. HBW Advisory Services LLC lifted its stake in shares of Global X Millennial Consumer ETF by 5.4% in the 1st quarter. HBW Advisory Services LLC now owns 5,048 shares of the company’s stock worth $205,000 after acquiring an additional 257 shares during the period. Moran Wealth Management LLC boosted its holdings in shares of Global X Millennial Consumer ETF by 0.7% in the first quarter. Moran Wealth Management LLC now owns 36,869 shares of the company’s stock valued at $1,499,000 after acquiring an additional 266 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Global X Millennial Consumer ETF in the second quarter valued at about $173,000. Finally, Bank of America Corp DE increased its stake in shares of Global X Millennial Consumer ETF by 19.0% during the first quarter. Bank of America Corp DE now owns 538,010 shares of the company’s stock worth $21,868,000 after acquiring an additional 86,001 shares during the period.
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.
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