Global X Conscious Companies ETF (NASDAQ:KRMA) Sees Strong Trading Volume – Should You Buy?

Global X Conscious Companies ETF (NASDAQ:KRMA) shares saw unusually-high trading volume on Friday . Approximately 7,423 shares changed hands during trading, an increase of 32% from the previous session’s volume of 5,614 shares.The stock last traded at $38.41 and had previously closed at $38.82.

Global X Conscious Companies ETF Stock Performance

The firm has a market capitalization of $610.73 million, a price-to-earnings ratio of 23.20 and a beta of 1.03. The company has a fifty day moving average of $39.69 and a two-hundred day moving average of $39.43.

Global X Conscious Companies ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were issued a dividend of $0.212 per share. The ex-dividend date was Monday, December 30th.

Institutional Trading of Global X Conscious Companies ETF

Hedge funds have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC acquired a new stake in Global X Conscious Companies ETF during the 4th quarter worth approximately $44,000. HBW Advisory Services LLC raised its holdings in Global X Conscious Companies ETF by 18.4% in the 4th quarter. HBW Advisory Services LLC now owns 5,695 shares of the company’s stock valued at $223,000 after acquiring an additional 885 shares in the last quarter. Citadel Advisors LLC acquired a new position in Global X Conscious Companies ETF in the 4th quarter valued at $324,000. Envestnet Asset Management Inc. acquired a new position in Global X Conscious Companies ETF in the 4th quarter valued at $327,000. Finally, Smart Portfolios LLC raised its holdings in Global X Conscious Companies ETF by 1.8% in the 4th quarter. Smart Portfolios LLC now owns 15,003 shares of the company’s stock valued at $586,000 after acquiring an additional 261 shares in the last quarter.

Global X Conscious Companies ETF Company Profile

The Global X Conscious Companies ETF (KRMA) is an exchange-traded fund that is based on the Concinnity Conscious Companies GTR index. The fund tracks an equal-weighted index composed of U.S.-listed companies that exhibit environmental, social, and corporate governance (ESG) characteristics. KRMA was launched on Jul 11, 2016 and is managed by Global X.