Great Diamond Partners LLC Invests $2.54 Million in Global X Social Media ETF $SOCL

by · The Cerbat Gem

Great Diamond Partners LLC purchased a new position in Global X Social Media ETF (NASDAQ:SOCL – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 41,813 shares of the company’s stock, valued at approximately $2,540,000.

Several other hedge funds have also bought and sold shares of the business. Jane Street Group LLC purchased a new stake in Global X Social Media ETF in the second quarter worth about $482,000. Sei Investments Co. purchased a new stake in shares of Global X Social Media ETF in the 2nd quarter worth approximately $299,000. Flow Traders U.S. LLC bought a new position in Global X Social Media ETF during the 2nd quarter valued at approximately $291,000. Ameriprise Financial Inc. purchased a new position in Global X Social Media ETF during the second quarter valued at $243,000. Finally, Valeo Financial Advisors LLC bought a new position in shares of Global X Social Media ETF during the second quarter valued at $213,000.

Global X Social Media ETF Stock Performance

Shares of SOCL stock opened at $55.33 on Tuesday. The company’s 50-day moving average is $55.84 and its 200 day moving average is $56.37. The company has a market capitalization of $148.84 million, a price-to-earnings ratio of 21.77 and a beta of 0.94. Global X Social Media ETF has a one year low of $37.50 and a one year high of $63.93.

Global X Social Media ETF Profile

(Free Report)

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.

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