Global X Thematic Growth ETF (NASDAQ:GXTG) Shares Up 1.6% – Time to Buy?

Shares of Global X Thematic Growth ETF (NASDAQ:GXTG) traded up 1.6% on Wednesday . The stock traded as high as $26.6889 and last traded at $26.6889. Approximately 87 shares were traded during trading, a decline of 98% from the average session volume of 4,021 shares. The stock had previously closed at $26.2812.

Global X Thematic Growth ETF Stock Performance

The stock has a 50-day moving average of $28.04 and a 200-day moving average of $25.50. The firm has a market cap of $12.30 million, a price-to-earnings ratio of 26.08 and a beta of 1.23.

Institutional Trading of Global X Thematic Growth ETF

A hedge fund recently raised its stake in Global X Thematic Growth ETF stock. Osaic Holdings Inc. boosted its stake in shares of Global X Thematic Growth ETF (NASDAQ:GXTG) by 35.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,375 shares of the company’s stock after purchasing an additional 1,136 shares during the period. Osaic Holdings Inc. owned 0.93% of Global X Thematic Growth ETF worth $99,000 as of its most recent filing with the SEC.

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. GXTG was launched on Oct 25, 2019 and is managed by Global X.