LFA Lugano Financial Advisors SA Reduces Position in Global X Renewable Energy Producers ETF $RNRG

LFA Lugano Financial Advisors SA reduced its position in shares of Global X Renewable Energy Producers ETF (NASDAQ:RNRGFree Report) by 66.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,504 shares of the company’s stock after selling 63,008 shares during the period. LFA Lugano Financial Advisors SA owned about 3.99% of Global X Renewable Energy Producers ETF worth $1,003,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Global X Renewable Energy Producers ETF by 5.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 154,698 shares of the company’s stock valued at $1,270,000 after buying an additional 7,895 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of Global X Renewable Energy Producers ETF in the 1st quarter valued at about $963,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of Global X Renewable Energy Producers ETF during the 2nd quarter worth about $38,000.

Global X Renewable Energy Producers ETF Stock Down 1.5%

RNRG stock opened at $35.51 on Friday. The business has a 50 day moving average price of $34.26 and a 200 day moving average price of $32.64. The stock has a market cap of $28.05 million, a price-to-earnings ratio of 15.93 and a beta of 0.88. Global X Renewable Energy Producers ETF has a fifty-two week low of $21.90 and a fifty-two week high of $36.71.

Global X Renewable Energy Producers ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were issued a $0.3741 dividend. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 224.0%.

Global X Renewable Energy Producers ETF Company Profile

(Free Report)

The Global X Renewable Energy Producers ETF (RNRG) is an exchange-traded fund that is based on the Indxx Renewable Energy Producers index, a market-cap-weighted index of global renewable energy companies including YieldCos. RNRG was launched on May 28, 2015 and is managed by Global X.

See Also

Institutional Ownership by Quarter for Global X Renewable Energy Producers ETF (NASDAQ:RNRG)

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