Global X Conscious Companies ETF (NASDAQ:KRMA) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Global X Conscious Companies ETF (NASDAQ:KRMA) saw an uptick in trading volume on Thursday . 261,206 shares changed hands during mid-day trading, an increase of 1,227% from the previous session’s volume of 19,688 shares.The stock last traded at $40.46 and had previously closed at $40.27.

Global X Conscious Companies ETF Stock Up 0.7 %

The stock has a market capitalization of $749.36 million, a P/E ratio of 24.99 and a beta of 1.03. The business’s 50 day simple moving average is $38.72 and its two-hundred day simple moving average is $37.41.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Cetera Advisors LLC bought a new position in shares of Global X Conscious Companies ETF in the first quarter valued at $1,278,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Global X Conscious Companies ETF by 30.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,418 shares of the company’s stock valued at $52,000 after purchasing an additional 328 shares during the last quarter. Daiwa Securities Group Inc. raised its holdings in shares of Global X Conscious Companies ETF by 3.2% in the second quarter. Daiwa Securities Group Inc. now owns 13,123,226 shares of the company’s stock valued at $485,297,000 after purchasing an additional 401,337 shares during the last quarter. Eagle Strategies LLC purchased a new stake in shares of Global X Conscious Companies ETF in the second quarter valued at about $224,000. Finally, Syntegra Private Wealth Group LLC raised its holdings in shares of Global X Conscious Companies ETF by 19.0% in the third quarter. Syntegra Private Wealth Group LLC now owns 12,217 shares of the company’s stock valued at $478,000 after purchasing an additional 1,948 shares during the last quarter.

About Global X Conscious Companies ETF

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.