Global X Thematic Growth ETF (NASDAQ:GXTG) Trading 0.8% Higher – What’s Next?

Global X Thematic Growth ETF (NASDAQ:GXTG) was up 0.8% on Thursday . The stock traded as high as $24.93 and last traded at $24.93. Approximately 1,056 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 6,765 shares. The stock had previously closed at $24.74.

Global X Thematic Growth ETF Stock Down 0.3 %

The firm has a market capitalization of $16.16 million, a price-to-earnings ratio of 16.66 and a beta of 1.23. The business has a 50-day moving average of $24.79 and a two-hundred day moving average of $23.79.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of GXTG. Highline Wealth Partners LLC bought a new position in Global X Thematic Growth ETF during the third quarter worth about $45,000. Cetera Advisors LLC acquired a new position in shares of Global X Thematic Growth ETF in the 1st quarter worth approximately $736,000. Finally, Elmwood Wealth Management Inc. lifted its position in shares of Global X Thematic Growth ETF by 17.9% during the 3rd quarter. Elmwood Wealth Management Inc. now owns 73,016 shares of the company’s stock worth $1,856,000 after buying an additional 11,076 shares during the period.

About Global X Thematic Growth ETF

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.