Global X Guru Index ETF (NYSEARCA:GURU) Stock Price Up 0.6% – What’s Next?

Global X Guru Index ETF (NYSEARCA:GURU)’s stock price rose 0.6% during trading on Friday . The stock traded as high as $51.51 and last traded at $51.34. Approximately 896 shares were traded during trading, a decline of 70% from the average daily volume of 2,945 shares. The stock had previously closed at $51.04.

Global X Guru Index ETF Stock Performance

The firm has a fifty day moving average of $51.39 and a 200 day moving average of $47.99. The firm has a market capitalization of $50.31 million, a PE ratio of 15.97 and a beta of 1.00.

Institutional Trading of Global X Guru Index ETF

An institutional investor recently raised its position in Global X Guru Index ETF stock. JPMorgan Chase & Co. boosted its position in shares of Global X Guru Index ETF (NYSEARCA:GURU) by 14,285.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,007 shares of the company’s stock after purchasing an additional 1,000 shares during the period. JPMorgan Chase & Co. owned approximately 0.10% of Global X Guru Index ETF worth $48,000 at the end of the most recent reporting period.

About Global X Guru Index ETF

The Global X Guru Index ETF (GURU) is an exchange-traded fund that is based on the Solactive Guru index. The fund tracks an equal-weighted index that attempts to mimic concentrated equity positions taken by large hedge funds, as reported in public filings. GURU was launched on Jun 4, 2012 and is managed by Global X.