Global X Social Media ETF (SOCL) to Issue Dividend of $0.13 on January 7th

Global X Social Media ETF (NASDAQ:SOCL) declared a dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be paid a dividend of 0.1276 per share on Wednesday, January 7th. This represents a dividend yield of 46.0%. The ex-dividend date of this dividend is Tuesday, December 30th.

Global X Social Media ETF Stock Down 0.5%

SOCL opened at $55.04 on Wednesday. The business’s fifty day simple moving average is $55.79 and its 200 day simple moving average is $56.41. Global X Social Media ETF has a 52 week low of $37.50 and a 52 week high of $63.93. The firm has a market cap of $148.04 million, a P/E ratio of 21.77 and a beta of 0.94.

Institutional Investors Weigh In On Global X Social Media ETF

Institutional investors have recently bought and sold shares of the business. Ameriprise Financial Inc. increased its position in shares of Global X Social Media ETF by 5.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,825 shares of the company’s stock worth $293,000 after purchasing an additional 269 shares during the last quarter. Flow Traders U.S. LLC lifted its stake in Global X Social Media ETF by 10.1% during the third quarter. Flow Traders U.S. LLC now owns 6,001 shares of the company’s stock worth $365,000 after purchasing an additional 550 shares during the last quarter. UBS Group AG boosted its holdings in shares of Global X Social Media ETF by 3.0% in the 3rd quarter. UBS Group AG now owns 24,842 shares of the company’s stock valued at $1,509,000 after buying an additional 734 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of Global X Social Media ETF by 15.6% in the 2nd quarter. Raymond James Financial Inc. now owns 11,158 shares of the company’s stock worth $596,000 after purchasing an additional 1,509 shares during the last quarter. Finally, Osaic Holdings Inc. grew its position in shares of Global X Social Media ETF by 64.4% during the second quarter. Osaic Holdings Inc. now owns 6,481 shares of the company’s stock worth $347,000 after acquiring an additional 2,538 shares during the last quarter.

About Global X Social Media 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.