Global X Thematic Growth ETF (NASDAQ:GXTG) Stock Price Up 0.7% – Still a Buy?

Shares of Global X Thematic Growth ETF (NASDAQ:GXTG) rose 0.7% on Monday . The stock traded as high as $28.06 and last traded at $27.9478. Approximately 879 shares traded hands during trading, a decline of 78% from the average daily volume of 4,021 shares. The stock had previously closed at $27.7579.

Global X Thematic Growth ETF Price Performance

The firm has a fifty day simple moving average of $27.34 and a 200 day simple moving average of $25.77. The company has a market capitalization of $13.14 million, a price-to-earnings ratio of 26.08 and a beta of 1.23.

Institutional Trading of Global X Thematic Growth ETF

An institutional investor recently raised its position in Global X Thematic Growth ETF stock. Osaic Holdings Inc. raised its holdings in Global X Thematic Growth ETF (NASDAQ:GXTG) by 35.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,375 shares of the company’s stock after purchasing an additional 1,136 shares during the period. Osaic Holdings Inc. owned about 0.93% of Global X Thematic Growth ETF worth $99,000 at the end of the most recent quarter.

Global X Thematic Growth ETF Company Profile

The Global X Thematic Growth ETF (GXTG) is an exchange-traded fund that is based on the Solactive Thematic Growth index. The fund is a passively managed fund-of-funds providing global equity exposure todisruptive-growth trends. Selectionisbased ona quantitativemethodologyemphasizingrealized sales growth.