Global X Conscious Companies ETF (NASDAQ:KRMA) Sees Unusually-High Trading Volume – Time to Buy?

Global X Conscious Companies ETF (NASDAQ:KRMA) saw an uptick in trading volume on Thursday . 261,206 shares changed hands during trading, an increase of 1,227% from the previous session’s volume of 19,688 shares.The stock last traded at $40.46 and had previously closed at $40.27.

Global X Conscious Companies ETF Stock Up 0.1 %

The firm has a market capitalization of $747.89 million, a PE ratio of 24.99 and a beta of 1.03. The stock’s fifty day simple moving average is $38.81 and its 200 day simple moving average is $37.47.

Institutional Trading of Global X Conscious Companies ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. raised its stake in shares of Global X Conscious Companies ETF by 30.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,418 shares of the company’s stock valued at $52,000 after acquiring an additional 328 shares during the period. Eagle Strategies LLC purchased a new position in Global X Conscious Companies ETF in the 2nd quarter worth about $224,000. Syntegra Private Wealth Group LLC increased its stake in Global X Conscious Companies ETF by 19.0% in the 3rd quarter. Syntegra Private Wealth Group LLC now owns 12,217 shares of the company’s stock worth $478,000 after buying an additional 1,948 shares during the period. Cetera Advisors LLC purchased a new position in Global X Conscious Companies ETF in the 1st quarter worth about $1,278,000. Finally, Daiwa Securities Group Inc. increased its stake in Global X Conscious Companies ETF by 3.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 13,123,226 shares of the company’s stock worth $485,297,000 after buying an additional 401,337 shares during the period.

Global X Conscious Companies ETF Company Profile

The Global X Conscious Companies ETF (KRMA) is an exchange-traded fund that is based on the Concinnity Conscious Companies GTR index. The fund tracks an equal-weighted index composed of U.S.-listed companies that exhibit environmental, social, and corporate governance (ESG) characteristics. KRMA was launched on Jul 11, 2016 and is managed by Global X.