Global X E-Commerce ETF (NASDAQ:EBIZ) Stock Price Up 0.5%

Global X E-Commerce ETF (NASDAQ:EBIZ)’s stock price was up 0.5% on Tuesday . The stock traded as high as $27.64 and last traded at $27.60. Approximately 10,400 shares were traded during mid-day trading, a decline of 11% from the average daily volume of 11,641 shares. The stock had previously closed at $27.46.

Global X E-Commerce ETF Stock Up 0.5 %

The stock has a market cap of $58.24 million, a PE ratio of 33.69 and a beta of 1.24. The business’s fifty day moving average is $24.31 and its 200 day moving average is $23.98.

Institutional Trading of Global X E-Commerce ETF

A hedge fund recently raised its stake in Global X E-Commerce ETF stock. Bank of Montreal Can increased its position in Global X E-Commerce ETF (NASDAQ:EBIZ) by 231.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,346 shares of the company’s stock after buying an additional 30,278 shares during the period. Bank of Montreal Can owned about 1.67% of Global X E-Commerce ETF worth $1,069,000 as of its most recent SEC filing.

About Global X E-Commerce ETF

The Global X E-commerce ETF (EBIZ) is an exchange-traded fund that is based on the Solactive E-commerce index, a market-cap-weighted index of global e-commerce companies, including online retailers, retail platforms, and supporting businesses. EBIZ was launched on Nov 27, 2018 and is managed by Global X.