PNC Financial Services Group Inc. lessened its holdings in shares of Global X Social Media Index ETF (NASDAQ:SOCL – Free Report) by 12.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 294,282 shares of the company’s stock after selling 41,466 shares during the quarter. PNC Financial Services Group Inc. owned 11.19% of Global X Social Media Index ETF worth $12,454,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. FMR LLC grew its position in shares of Global X Social Media Index ETF by 106.1% during the third quarter. FMR LLC now owns 1,591 shares of the company’s stock worth $69,000 after buying an additional 819 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Global X Social Media Index ETF by 1,758.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,769 shares of the company’s stock valued at $120,000 after acquiring an additional 2,620 shares during the last quarter. Virtu Financial LLC acquired a new position in Global X Social Media Index ETF during the 3rd quarter worth $1,391,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Global X Social Media Index ETF in the 4th quarter worth about $428,000.
Global X Social Media Index ETF Stock Performance
Shares of Global X Social Media Index ETF stock opened at $45.92 on Wednesday. Global X Social Media Index ETF has a 1 year low of $36.71 and a 1 year high of $50.23. The firm’s 50-day simple moving average is $45.85 and its 200-day simple moving average is $43.37. The firm has a market cap of $119.85 million, a PE ratio of 19.27 and a beta of 0.95.
Global X Social Media Index ETF 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.
Recommended Stories
- Five stocks we like better than Global X Social Media Index ETF
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- NVIDIA Stock Remains Stunningly Undervalued—Here’s Why
- What is a Bond Market Holiday? How to Invest and Trade
- Oracle Stock: 5 Reasons This AI Powerhouse Is a Long-Term Buy
- What is the MACD Indicator and How to Use it in Your Trading
- U.S. Stocks Sink, Foreign Markets Soar: 3 ETFs to Ride the Wave
Want to see what other hedge funds are holding SOCL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X Social Media Index ETF (NASDAQ:SOCL – Free Report).
Receive News & Ratings for Global X Social Media Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Social Media Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
