Global X Guru Index ETF (NYSEARCA:GURU – Get Free Report) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 385 shares, a drop of 40.7% from the July 15th total of 649 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 1,167 shares, the short-interest ratio is currently 0.3 days.
Global X Guru Index ETF Stock Performance
Shares of NYSEARCA GURU opened at $70.79 on Monday. Global X Guru Index ETF has a 1 year low of $55.80 and a 1 year high of $70.95. The firm has a market cap of $64.42 million, a price-to-earnings ratio of 21.69 and a beta of 1.00. The stock’s 50-day simple moving average is $68.33 and its 200-day simple moving average is $64.62.
Institutional Investors Weigh In On Global X Guru Index ETF
A number of hedge funds have recently bought and sold shares of the business. LPL Financial LLC increased its holdings in Global X Guru Index ETF by 4.3% during the 4th quarter. LPL Financial LLC now owns 17,423 shares of the company’s stock worth $1,089,000 after purchasing an additional 715 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Global X Guru Index ETF during the 3rd quarter valued at approximately $37,000. Raymond James Financial Inc. boosted its stake in shares of Global X Guru Index ETF by 45.1% during the 3rd quarter. Raymond James Financial Inc. now owns 4,905 shares of the company’s stock valued at $292,000 after buying an additional 1,524 shares during the last quarter. Finally, Jones Financial Companies Lllp purchased a new position in shares of Global X Guru Index ETF during the 1st quarter valued at approximately $51,000.
Global X Guru Index ETF Company Profile
The Global X Guru Index ETF (GURU) is an exchange-traded fund that is based on the Solactive Guru index. The fund tracks an equal-weighted index that attempts to mimic concentrated equity positions taken by large hedge funds, as reported in public filings. GURU was launched on Jun 4, 2012 and is managed by Global X.
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