41,813 Shares in Global X Social Media ETF $SOCL Purchased by Great Diamond Partners LLC

Great Diamond Partners LLC bought a new stake in Global X Social Media ETF (NASDAQ:SOCL) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 41,813 shares of the company’s stock, valued at approximately $2,540,000. Great Diamond Partners LLC owned approximately 1.57% of Global X Social Media ETF at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Valeo Financial Advisors LLC purchased a new stake in Global X Social Media ETF in the second quarter worth approximately $213,000. Raymond James Financial Inc. raised its holdings in Global X Social Media ETF by 15.6% during the 2nd quarter. Raymond James Financial Inc. now owns 11,158 shares of the company’s stock valued at $596,000 after buying an additional 1,509 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Global X Social Media ETF during the second quarter worth about $482,000. Osaic Holdings Inc. grew its position in shares of Global X Social Media ETF by 64.4% in the 2nd quarter. Osaic Holdings Inc. now owns 6,481 shares of the company’s stock worth $347,000 after buying an additional 2,538 shares during the last quarter. Finally, Sei Investments Co. purchased a new position in Global X Social Media ETF during the 2nd quarter valued at $299,000.

Global X Social Media ETF Price Performance

SOCL stock opened at $55.33 on Tuesday. Global X Social Media ETF has a 1 year low of $37.50 and a 1 year high of $63.93. The firm has a 50-day moving average of $55.84 and a 200 day moving average of $56.37. The company has a market cap of $148.84 million, a P/E ratio of 21.77 and a beta of 0.94.

Global X Social Media ETF Profile

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.