Global X Social Media ETF $SOCL Shares Sold by Manchester Capital Management LLC

Manchester Capital Management LLC reduced its stake in shares of Global X Social Media ETF (NASDAQ:SOCL) by 83.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 2,700 shares of the company’s stock after selling 14,013 shares during the quarter. Manchester Capital Management LLC’s holdings in Global X Social Media ETF were worth $117,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. increased its stake in Global X Social Media ETF by 47.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,714 shares of the company’s stock valued at $150,000 after buying an additional 879 shares during the period. Parallel Advisors LLC lifted its position in Global X Social Media ETF by 555.6% in the 1st quarter. Parallel Advisors LLC now owns 5,900 shares of the company’s stock worth $255,000 after buying an additional 5,000 shares in the last quarter. AAFMAA Wealth Management & Trust LLC lifted its position in Global X Social Media ETF by 5.1% in the 2nd quarter. AAFMAA Wealth Management & Trust LLC now owns 25,421 shares of the company’s stock worth $1,114,000 after buying an additional 1,228 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Global X Social Media ETF by 8.9% during the 1st quarter. Bank of America Corp DE now owns 236,306 shares of the company’s stock valued at $10,232,000 after buying an additional 19,333 shares during the period.

Global X Social Media ETF Price Performance

Shares of NASDAQ:SOCL opened at $42.78 on Monday. The firm has a fifty day moving average of $44.22 and a two-hundred day moving average of $45.29. Global X Social Media ETF has a 12-month low of $41.35 and a 12-month high of $60.05. The firm has a market capitalization of $81.28 million, a P/E ratio of 21.77 and a beta of 1.01.

Global X Social Media ETF Company Profile

The Global X Social Media ETF (SOCL) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market-cap-weighted index of social media companies selected by a committee. SOCL was launched on Nov 14, 2011 and is managed by Global X.