Global X Millennial Consumer ETF (NASDAQ:MILN) Stock Price Up 1.3% – Here’s What Happened

by · The Cerbat Gem

Global X Millennial Consumer ETF (NASDAQ:MILN – Get Free Report) shares traded up 1.3% during trading on Wednesday . The company traded as high as $43.08 and last traded at $43.04. 9,428 shares changed hands during trading, a decline of 26% from the average session volume of 12,782 shares. The stock had previously closed at $42.49.

Global X Millennial Consumer ETF Stock Up 1.3%

The stock’s 50-day moving average price is $42.59 and its 200 day moving average price is $44.68. The firm has a market cap of $96.41 million, a price-to-earnings ratio of 27.54 and a beta of 1.21.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. HBW Advisory Services LLC raised its position in Global X Millennial Consumer ETF by 5.4% in the first quarter. HBW Advisory Services LLC now owns 5,048 shares of the company’s stock worth $205,000 after purchasing an additional 257 shares in the last quarter. Moran Wealth Management LLC grew its stake in Global X Millennial Consumer ETF by 0.7% during the first quarter. Moran Wealth Management LLC now owns 36,869 shares of the company’s stock worth $1,499,000 after buying an additional 266 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in Global X Millennial Consumer ETF by 1.6% during the fourth quarter. Commonwealth Equity Services LLC now owns 23,341 shares of the company’s stock worth $1,095,000 after buying an additional 357 shares during the last quarter. Archford Capital Strategies LLC grew its stake in Global X Millennial Consumer ETF by 3.4% during the fourth quarter. Archford Capital Strategies LLC now owns 11,336 shares of the company’s stock worth $532,000 after buying an additional 373 shares during the last quarter. Finally, NewEdge Advisors LLC grew its stake in Global X Millennial Consumer ETF by 62.6% during the first quarter. NewEdge Advisors LLC now owns 1,223 shares of the company’s stock worth $53,000 after buying an additional 471 shares during the last quarter.

About Global X Millennial Consumer ETF

(Get Free Report)

The Global X Millennials Consumer ETF (MILN) is an exchange-traded fund that is based on the Indxx Millennials Thematic index. The fund tracks an index composed of US-listed companies that derive a significant source of their revenue from spending categories determined to be associated with millennials – people born between 1980 and 2000. MILN was launched on May 4, 2016 and is managed by Global X.

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