Global X Gold Explorers ETF $GOEX Shares Bought by NewEdge Advisors LLC

NewEdge Advisors LLC raised its holdings in shares of Global X Gold Explorers ETF (NYSEARCA:GOEX) by 7.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 147,094 shares of the company’s stock after buying an additional 10,263 shares during the quarter. NewEdge Advisors LLC owned about 0.09% of Global X Gold Explorers ETF worth $12,449,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of GOEX. International Assets Investment Management LLC raised its position in shares of Global X Gold Explorers ETF by 55.6% in the first quarter. International Assets Investment Management LLC now owns 1,400 shares of the company’s stock valued at $125,000 after buying an additional 500 shares during the last quarter. Cetera Investment Advisers boosted its position in Global X Gold Explorers ETF by 13.5% during the first quarter. Cetera Investment Advisers now owns 5,672 shares of the company’s stock worth $480,000 after acquiring an additional 675 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in Global X Gold Explorers ETF during the 4th quarter valued at about $109,000. Raymond James Financial Inc. acquired a new stake in Global X Gold Explorers ETF in the 2nd quarter valued at about $158,000. Finally, Virtu Financial LLC acquired a new stake in Global X Gold Explorers ETF in the 3rd quarter valued at about $564,000.

Global X Gold Explorers ETF Price Performance

GOEX opened at $84.25 on Friday. The firm has a market capitalization of $128.06 million, a price-to-earnings ratio of 20.37 and a beta of 0.85. The company’s 50 day simple moving average is $72.01 and its two-hundred day simple moving average is $83.55. Global X Gold Explorers ETF has a 1-year low of $47.08 and a 1-year high of $110.19.

Global X Gold Explorers ETF Profile

The Global X Gold Explorers ETF (GOEX) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a market-cap-weighted index of global stocks in the gold mining industry as an explorer or developer. GOEX was launched on Nov 3, 2010 and is managed by Global X.