Maridea Wealth Management LLC Purchases Shares of 59,493 Global X Adaptive U.S. Risk Management ETF $ONOF

Maridea Wealth Management LLC purchased a new position in Global X Adaptive U.S. Risk Management ETF (NYSEARCA:ONOF) in the first quarter, HoldingsChannel.com reports. The firm purchased 59,493 shares of the company’s stock, valued at approximately $2,156,000.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE raised its stake in shares of Global X Adaptive U.S. Risk Management ETF by 5.5% in the second quarter. Bank of America Corp DE now owns 5,743 shares of the company’s stock worth $197,000 after buying an additional 298 shares during the period. Citadel Advisors LLC bought a new position in shares of Global X Adaptive U.S. Risk Management ETF during the 3rd quarter valued at approximately $472,000. Align Financial LLC purchased a new stake in Global X Adaptive U.S. Risk Management ETF in the 4th quarter worth approximately $6,102,000. Cetera Investment Advisers increased its holdings in Global X Adaptive U.S. Risk Management ETF by 5.1% in the 4th quarter. Cetera Investment Advisers now owns 293,739 shares of the company’s stock worth $11,053,000 after acquiring an additional 14,380 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in Global X Adaptive U.S. Risk Management ETF by 8.5% in the 4th quarter. LPL Financial LLC now owns 594,085 shares of the company’s stock worth $22,355,000 after acquiring an additional 46,687 shares in the last quarter.

Global X Adaptive U.S. Risk Management ETF Trading Down 0.2%

NYSEARCA ONOF opened at $39.19 on Friday. Global X Adaptive U.S. Risk Management ETF has a 12 month low of $33.98 and a 12 month high of $40.71. The stock has a market cap of $151.27 million, a price-to-earnings ratio of 26.12 and a beta of 0.78. The company’s 50 day moving average is $39.33 and its two-hundred day moving average is $38.12.

Global X Adaptive U.S. Risk Management ETF Profile

The Global X Adaptive U.S. Risk Management ETF (ONOF) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index that allocates 100% of the portfolio to US equities or short-term Treasurys based on four market indicators. ONOF was launched on Jan 12, 2021 and is managed by Global X.