Global X Guru Index ETF (NYSEARCA:GURU) Shares Climb 0.8% – Here’s What Happened

Global X Guru Index ETF (NYSEARCA:GURU)’s share price traded up 0.8% during mid-day trading on Monday. The company traded as high as $68.67 and last traded at $68.44. 648 shares changed hands during trading, a decline of 55% from the average session volume of 1,451 shares. The stock had previously closed at $67.89.

Global X Guru Index ETF Price Performance

The stock has a market cap of $60.05 million, a price-to-earnings ratio of 21.69 and a beta of 1.00. The stock’s 50-day moving average is $69.12 and its 200 day moving average is $66.71.

Institutional Trading of Global X Guru Index ETF

An institutional investor recently raised its stake in Global X Guru Index ETF stock. Citadel Advisors LLC increased its holdings in shares of Global X Guru Index ETF (NYSEARCA:GURU) by 54.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,326 shares of the company’s stock after acquiring an additional 2,579 shares during the period. Citadel Advisors LLC owned approximately 0.81% of Global X Guru Index ETF worth $513,000 as of its most recent SEC filing.

Global X Guru Index ETF Company Profile

The Global X Guru Index ETF (GURU) is an exchange-traded fund that is based on the Solactive Guru index. The fund tracks an equal-weighted index that attempts to mimic concentrated equity positions taken by large hedge funds, as reported in public filings. GURU was launched on Jun 4, 2012 and is managed by Global X.