Shares of Global X Internet of Things ETF (NASDAQ:SNSR – Get Free Report) rose 0.1% during trading on Tuesday. The company traded as high as $49.06 and last traded at $49.06. 10,053 shares were traded during mid-day trading, a decline of 48% from the average session volume of 19,197 shares. The stock had previously closed at $49.02.
Global X Internet of Things ETF Trading Up 0.6%
The company has a market cap of $215.68 million, a PE ratio of 26.18 and a beta of 1.36. The firm’s 50-day simple moving average is $47.63 and its two-hundred day simple moving average is $46.25.
Hedge Funds Weigh In On Global X Internet of Things ETF
Several hedge funds have recently made changes to their positions in the company. Rockefeller Capital Management L.P. grew its stake in Global X Internet of Things ETF by 27.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,997 shares of the company’s stock valued at $74,000 after acquiring an additional 436 shares during the period. Cetera Investment Advisers lifted its stake in Global X Internet of Things ETF by 4.1% in the 1st quarter. Cetera Investment Advisers now owns 12,430 shares of the company’s stock valued at $463,000 after buying an additional 485 shares in the last quarter. MWA Asset Management purchased a new position in Global X Internet of Things ETF in the 1st quarter valued at about $45,000. Integrated Wealth Concepts LLC acquired a new stake in Global X Internet of Things ETF in the 2nd quarter worth about $90,000. Finally, Hyposwiss Advisors SA acquired a new stake in Global X Internet of Things ETF in the 4th quarter worth about $88,000.
About Global X Internet of Things ETF
The Global X Internet of Things ETF (SNSR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index composed of developed market companies that facilitate the Internet of Things industry. SNSR was launched on Sep 12, 2016 and is managed by Global X.
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