Global X Conscious Companies ETF (NASDAQ:KRMA) Sees Strong Trading Volume – Here’s Why

Shares of Global X Conscious Companies ETF (NASDAQ:KRMA) saw unusually-high trading volume on Friday . Approximately 9,653 shares changed hands during mid-day trading, an increase of 46% from the previous session’s volume of 6,611 shares.The stock last traded at $40.74 and had previously closed at $40.58.

Global X Conscious Companies ETF Stock Up 0.2 %

The company has a market capitalization of $653.65 million, a PE ratio of 24.99 and a beta of 1.03. The firm’s 50 day simple moving average is $39.92 and its 200 day simple moving average is $38.83.

Global X Conscious Companies ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were issued a dividend of $0.212 per share. The ex-dividend date was Monday, December 30th.

Hedge Funds Weigh In On Global X Conscious Companies ETF

Several institutional investors and hedge funds have recently bought and sold shares of KRMA. Northwestern Mutual Wealth Management Co. boosted its stake in Global X Conscious Companies ETF by 30.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,418 shares of the company’s stock worth $52,000 after purchasing an additional 328 shares during the period. HBW Advisory Services LLC boosted its position in shares of Global X Conscious Companies ETF by 18.4% in the 4th quarter. HBW Advisory Services LLC now owns 5,695 shares of the company’s stock worth $223,000 after buying an additional 885 shares in the last quarter. Syntegra Private Wealth Group LLC increased its holdings in Global X Conscious Companies ETF by 19.0% during the 3rd quarter. Syntegra Private Wealth Group LLC now owns 12,217 shares of the company’s stock valued at $478,000 after acquiring an additional 1,948 shares in the last quarter. Merit Financial Group LLC lifted its holdings in shares of Global X Conscious Companies ETF by 3.5% in the fourth quarter. Merit Financial Group LLC now owns 21,773 shares of the company’s stock valued at $851,000 after purchasing an additional 744 shares in the last quarter. Finally, Freedom Investment Management Inc. grew its position in shares of Global X Conscious Companies ETF by 1.3% in the third quarter. Freedom Investment Management Inc. now owns 25,647 shares of the company’s stock valued at $1,004,000 after purchasing an additional 336 shares during the last quarter.

Global X Conscious Companies ETF Company Profile

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.