Global X Conscious Companies ETF (NASDAQ:KRMA) Hits New 52-Week High – Should You Buy?

Global X Conscious Companies ETF (NASDAQ:KRMA)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $40.00 and last traded at $40.00, with a volume of 4 shares trading hands. The stock had previously closed at $39.26.

Global X Conscious Companies ETF Stock Performance

The company’s fifty day moving average is $38.68 and its two-hundred day moving average is $37.39. The firm has a market cap of $739.02 million, a price-to-earnings ratio of 24.99 and a beta of 1.03.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. raised its stake in shares of Global X Conscious Companies ETF by 30.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,418 shares of the company’s stock valued at $52,000 after buying an additional 328 shares in the last quarter. Eagle Strategies LLC acquired a new position in shares of Global X Conscious Companies ETF in the second quarter valued at $224,000. Syntegra Private Wealth Group LLC grew its stake in Global X Conscious Companies ETF by 19.0% during the third quarter. Syntegra Private Wealth Group LLC now owns 12,217 shares of the company’s stock worth $478,000 after buying an additional 1,948 shares in the last quarter. Cetera Advisors LLC bought a new position in shares of Global X Conscious Companies ETF in the first quarter worth about $1,278,000. Finally, Daiwa Securities Group Inc. raised its holdings in Global X Conscious Companies ETF by 3.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 13,123,226 shares of the company’s stock valued at $485,297,000 after buying an additional 401,337 shares during the last quarter.

About Global X Conscious Companies ETF

The Global X Conscious Companies ETF (KRMA) is an exchange-traded fund that is based on the Concinnity Conscious Companies GTR index. The fund tracks an equal-weighted index composed of U.S.-listed companies that exhibit environmental, social, and corporate governance (ESG) characteristics. KRMA was launched on Jul 11, 2016 and is managed by Global X.