Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Shares Up 0.3% – Here’s What Happened

Global X AgTech & Food Innovation ETF (NASDAQ:KROP)’s share price shot up 0.3% during trading on Monday . The stock traded as high as $35.98 and last traded at $35.81. 2,888 shares were traded during trading, a decline of 18% from the average session volume of 3,502 shares. The stock had previously closed at $35.71.

Global X AgTech & Food Innovation ETF Stock Performance

The stock has a market capitalization of $9.12 million, a PE ratio of 19.65 and a beta of 0.90. The business’s 50-day moving average is $34.92 and its two-hundred day moving average is $33.34.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Jane Street Group LLC raised its holdings in Global X AgTech & Food Innovation ETF by 112.0% during the first quarter. Jane Street Group LLC now owns 22,862 shares of the company’s stock worth $227,000 after purchasing an additional 12,079 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in Global X AgTech & Food Innovation ETF by 49.7% in the 2nd quarter. Osaic Holdings Inc. now owns 3,226 shares of the company’s stock valued at $35,000 after purchasing an additional 1,071 shares in the last quarter. Finally, CIBC Private Wealth Group LLC acquired a new position in Global X AgTech & Food Innovation ETF during the 4th quarter worth approximately $25,000.

About Global X AgTech & Food Innovation ETF

The Global X AgTech & Food Innovation ETF (KROP) is an exchange-traded fund that is based on the Solactive AgTech & Food Innovation index. The fund passively invests in global companies related to advancing innovation and technologies in the agricultural and food industry space. KROP was launched on Jul 12, 2021 and is managed by Global X.