Joseph P. Lucia & Associates LLC Sells 745 Shares of Global X Social Media ETF $SOCL

Joseph P. Lucia & Associates LLC reduced its holdings in shares of Global X Social Media ETF (NASDAQ:SOCL) by 3.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 20,846 shares of the company’s stock after selling 745 shares during the quarter. Joseph P. Lucia & Associates LLC owned approximately 0.80% of Global X Social Media ETF worth $1,114,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SOCL. Valeo Financial Advisors LLC bought a new position in shares of Global X Social Media ETF during the 2nd quarter worth approximately $213,000. Cetera Investment Advisers bought a new stake in Global X Social Media ETF in the 1st quarter valued at $328,000. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in Global X Social Media ETF by 5.6% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 23,733 shares of the company’s stock valued at $1,040,000 after purchasing an additional 1,253 shares during the period.

Global X Social Media ETF Price Performance

SOCL opened at $57.32 on Friday. The business has a fifty day simple moving average of $59.09 and a 200 day simple moving average of $52.16. The company has a market capitalization of $152.47 million, a PE ratio of 21.77 and a beta of 0.94. Global X Social Media ETF has a 1 year low of $37.50 and a 1 year high of $63.93.

Global X Social Media 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.