Global X Millennial Consumer ETF (NASDAQ:MILN) Trading 0.2% Higher – Should You Buy?

by · The Markets Daily

Global X Millennial Consumer ETF (NASDAQ:MILN – Get Free Report)’s share price was up 0.2% on Monday . The company traded as high as $45.92 and last traded at $45.89. Approximately 5,302 shares changed hands during trading, a decline of 49% from the average daily volume of 10,366 shares. The stock had previously closed at $45.78.

Global X Millennial Consumer ETF Stock Up 0.9 %

The stock has a market capitalization of $131.00 million, a P/E ratio of 33.27 and a beta of 1.21. The firm has a 50 day simple moving average of $45.22 and a two-hundred day simple moving average of $41.42.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Rothschild Investment LLC bought a new position in shares of Global X Millennial Consumer ETF in the 2nd quarter valued at $26,000. Barclays PLC raised its position in Global X Millennial Consumer ETF by 33.3% in the third quarter. Barclays PLC now owns 3,000 shares of the company’s stock valued at $126,000 after purchasing an additional 750 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Global X Millennial Consumer ETF by 24.5% during the third quarter. Jane Street Group LLC now owns 6,729 shares of the company’s stock valued at $282,000 after purchasing an additional 1,326 shares in the last quarter. Finally, CreativeOne Wealth LLC grew its holdings in shares of Global X Millennial Consumer ETF by 4.1% during the third quarter. CreativeOne Wealth LLC now owns 30,817 shares of the company’s stock worth $1,292,000 after purchasing an additional 1,227 shares during the last quarter.

Global X Millennial Consumer ETF Company Profile

(Get Free Report)

The Global X Millennials Consumer ETF (MILN) is an exchange-traded fund that is based on the Indxx Millennials Thematic index. The fund tracks an index composed of US-listed companies that derive a significant source of their revenue from spending categories determined to be associated with millennials – people born between 1980 and 2000.

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