Global X Millennial Consumer ETF (NASDAQ:MILN) Trading 0.2% Higher – Still a Buy?

Global X Millennial Consumer ETF (NASDAQ:MILN)’s stock price traded up 0.2% during mid-day trading on Monday . The stock traded as high as $45.92 and last traded at $45.89. 5,302 shares were traded during trading, a decline of 49% from the average session volume of 10,366 shares. The stock had previously closed at $45.78.

Global X Millennial Consumer ETF Stock Up 0.2 %

The business’s 50-day moving average price is $45.08 and its 200 day moving average price is $41.32. The company has a market capitalization of $129.87 million, a P/E ratio of 33.27 and a beta of 1.21.

Hedge Funds Weigh In On Global X Millennial Consumer ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Barclays PLC boosted its holdings in shares of Global X Millennial Consumer ETF by 33.3% in the 3rd quarter. Barclays PLC now owns 3,000 shares of the company’s stock worth $126,000 after purchasing an additional 750 shares in the last quarter. Jane Street Group LLC lifted its position in Global X Millennial Consumer ETF by 24.5% in the 3rd quarter. Jane Street Group LLC now owns 6,729 shares of the company’s stock worth $282,000 after buying an additional 1,326 shares during the last quarter. CreativeOne Wealth LLC lifted its position in Global X Millennial Consumer ETF by 4.1% in the 3rd quarter. CreativeOne Wealth LLC now owns 30,817 shares of the company’s stock worth $1,292,000 after buying an additional 1,227 shares during the last quarter. Finally, Rothschild Investment LLC purchased a new stake in Global X Millennial Consumer ETF in the second quarter worth approximately $26,000.

About Global X Millennial Consumer ETF

The Global X Millennials Consumer ETF (MILN) is an exchange-traded fund that is based on the Indxx Millennials Thematic index. The fund tracks an index composed of US-listed companies that derive a significant source of their revenue from spending categories determined to be associated with millennials – people born between 1980 and 2000.