Global X AgTech & Food Innovation ETF (NASDAQ:KROP) Trading 1.8% Higher – Here’s What Happened

Global X AgTech & Food Innovation ETF (NASDAQ:KROP) was up 1.8% during mid-day trading on Thursday . The stock traded as high as $34.81 and last traded at $34.81. 1,295 shares were traded during trading, a decline of 63% from the average daily volume of 3,457 shares. The stock had previously closed at $34.18.

Global X AgTech & Food Innovation ETF Stock Performance

The firm has a market capitalization of $9.09 million, a P/E ratio of 19.65 and a beta of 0.88. The business has a fifty day moving average of $34.80 and a 200-day moving average of $34.05.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. CIBC Private Wealth Group LLC bought a new stake in shares of Global X AgTech & Food Innovation ETF during the fourth quarter valued at about $25,000. Osaic Holdings Inc. increased its stake in Global X AgTech & Food Innovation ETF by 49.7% during the 2nd quarter. Osaic Holdings Inc. now owns 3,226 shares of the company’s stock valued at $35,000 after buying an additional 1,071 shares during the period. Finally, Jane Street Group LLC raised its position in shares of Global X AgTech & Food Innovation ETF by 112.0% during the 1st quarter. Jane Street Group LLC now owns 22,862 shares of the company’s stock worth $227,000 after buying an additional 12,079 shares in the last quarter.

Global X AgTech & Food Innovation ETF Company Profile

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.