Global X Millennial Consumer ETF (NASDAQ:MILN) Shares Down 2.1% – Time to Sell?

Posted by Geri Gentry on Aug 18th, 2026

Global X Millennial Consumer ETF (NASDAQ:MILN – Get Free Report)’s stock price dropped 2.1% on Monday . The company traded as low as $45.74 and last traded at $45.79. 5,838 shares traded hands during trading, a decline of 46% from the average daily volume of 10,810 shares. The stock had previously closed at $46.76.

Global X Millennial Consumer ETF Stock Performance

The firm’s fifty day simple moving average is $44.43 and its 200-day simple moving average is $43.48. The stock has a market cap of $101.65 million, a P/E ratio of 27.54 and a beta of 1.18.

Global X Millennial Consumer ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, July 2nd. Stockholders of record on Monday, June 29th were given a dividend of $0.0393 per share. The ex-dividend date was Monday, June 29th.

Hedge Funds Weigh In On Global X Millennial Consumer ETF

A number of hedge funds have recently bought and sold shares of MILN. Northwestern Mutual Wealth Management Co. grew its holdings in Global X Millennial Consumer ETF by 94,371.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 198,389 shares of the company’s stock worth $9,309,000 after acquiring an additional 198,179 shares during the period. Bank of America Corp DE lifted its stake in shares of Global X Millennial Consumer ETF by 19.0% in the 1st quarter. Bank of America Corp DE now owns 538,010 shares of the company’s stock valued at $21,868,000 after purchasing an additional 86,001 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Global X Millennial Consumer ETF in the 2nd quarter valued at about $2,061,000. Moran Wealth Management LLC lifted its stake in shares of Global X Millennial Consumer ETF by 63.3% in the 4th quarter. Moran Wealth Management LLC now owns 36,603 shares of the company’s stock valued at $1,718,000 after purchasing an additional 14,186 shares during the period. Finally, Jane Street Group LLC bought a new stake in shares of Global X Millennial Consumer ETF during the 1st quarter valued at about $493,000.

About Global X Millennial Consumer ETF

(Get Free Report)

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.