Global X Aging Population ETF (NASDAQ:AGNG) Shares Up 1.4% – Here’s Why

Global X Aging Population ETF (NASDAQ:AGNG)’s stock price traded up 1.4% on Tuesday . The company traded as high as $35.08 and last traded at $35.04. 9,292 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 19,576 shares. The stock had previously closed at $34.57.

Global X Aging Population ETF Trading Up 0.9%

The company has a market cap of $81.95 million, a price-to-earnings ratio of 24.67 and a beta of 0.62. The company has a fifty day moving average price of $35.43 and a two-hundred day moving average price of $36.20.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in AGNG. Paller Financial Services Inc acquired a new stake in Global X Aging Population ETF during the 4th quarter worth $1,006,000. Fifth Third Bancorp acquired a new stake in Global X Aging Population ETF in the first quarter valued at $71,000. Cetera Investment Advisers grew its holdings in Global X Aging Population ETF by 110.5% during the 1st quarter. Cetera Investment Advisers now owns 71,600 shares of the company’s stock worth $2,549,000 after acquiring an additional 37,581 shares during the period. Bank of America Corp DE boosted its position in shares of Global X Aging Population ETF by 30.8% during the 1st quarter. Bank of America Corp DE now owns 32,078 shares of the company’s stock worth $1,142,000 after purchasing an additional 7,550 shares in the last quarter. Finally, The Manufacturers Life Insurance Company bought a new position in shares of Global X Aging Population ETF during the 4th quarter worth approximately $249,000.

About Global X Aging Population ETF

The Global X Aging Population ETF (AGNG) is an exchange-traded fund that is based on the Indxx Aging Population Thematic index, a market-cap-weighted index of companies from developed markets, whose revenue or main business purpose is tied to enhancing and elongating the lives of senior citizens. AGNG was launched on May 9, 2016 and is managed by Global X.