Daiwa Securities Group Inc. Acquires 100,000 Shares of Global X Social Media Index ETF (NASDAQ:SOCL)

Daiwa Securities Group Inc. boosted its holdings in shares of Global X Social Media Index ETF (NASDAQ:SOCL) by 14.0% in the 4th quarter, Holdings Channel reports. The firm owned 815,000 shares of the company’s stock after buying an additional 100,000 shares during the period. Daiwa Securities Group Inc. owned 0.20% of Global X Social Media Index ETF worth $32,902,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC lifted its stake in shares of Global X Social Media Index ETF by 2,903.2% in the 2nd quarter. Jane Street Group LLC now owns 165,568 shares of the company’s stock valued at $5,489,000 after acquiring an additional 160,055 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Global X Social Media Index ETF by 50.4% in the 1st quarter. Bank of America Corp DE now owns 221,388 shares of the company’s stock valued at $9,371,000 after acquiring an additional 74,154 shares during the last quarter. CreativeOne Wealth LLC bought a new position in shares of Global X Social Media Index ETF in the 2nd quarter valued at $1,579,000. NBC Securities Inc. bought a new position in shares of Global X Social Media Index ETF in the 3rd quarter valued at $806,000. Finally, Susquehanna International Group LLP lifted its stake in shares of Global X Social Media Index ETF by 98.4% in the 1st quarter. Susquehanna International Group LLP now owns 28,195 shares of the company’s stock valued at $1,043,000 after acquiring an additional 13,984 shares during the last quarter.

Global X Social Media Index ETF Stock Performance

Shares of SOCL traded down $0.20 during trading hours on Wednesday, reaching $38.16. The stock had a trading volume of 10,304 shares, compared to its average volume of 14,615. Global X Social Media Index ETF has a 12 month low of $33.23 and a 12 month high of $41.50. The stock has a market capitalization of $143.10 million, a PE ratio of 25.25 and a beta of 0.94. The company’s 50-day moving average is $39.96 and its two-hundred day moving average is $38.85.

About Global X Social Media Index ETF

The Global X Social Media ETF (SOCL) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market-cap-weighted index of social media companies selected by a committee. SOCL was launched on Nov 14, 2011 and is managed by Global X.