Global X Adaptive U.S. Risk Management ETF (NYSEARCA:ONOF) Shares Down 0.3% – What’s Next?

Global X Adaptive U.S. Risk Management ETF (NYSEARCA:ONOF) shares traded down 0.3% during trading on Tuesday . The company traded as low as $36.12 and last traded at $36.20. 1,691 shares were traded during trading, a decline of 77% from the average session volume of 7,435 shares. The stock had previously closed at $36.32.

Global X Adaptive U.S. Risk Management ETF Price Performance

The stock has a 50-day moving average price of $35.19 and a 200 day moving average price of $34.21. The firm has a market cap of $133.94 million, a price-to-earnings ratio of 25.27 and a beta of 0.91.

Institutional Trading of Global X Adaptive U.S. Risk Management ETF

An institutional investor recently bought a new position in Global X Adaptive U.S. Risk Management ETF stock. Jane Street Group LLC acquired a new stake in Global X Adaptive U.S. Risk Management ETF (NYSEARCA:ONOF) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 14,358 shares of the company’s stock, valued at approximately $493,000. Jane Street Group LLC owned approximately 0.39% of Global X Adaptive U.S. Risk Management ETF at the end of the most recent quarter.

About Global X Adaptive U.S. Risk Management ETF

The Global X Adaptive U.S. Risk Management ETF (ONOF) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index that allocates 100% of the portfolio to US equities or short-term Treasurys based on four market indicators. ONOF was launched on Jan 12, 2021 and is managed by Global X.