Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW) Shares Down 0.6% – Should You Sell?

Global X Dorsey Wright Thematic ETF (NASDAQ:GXDW)’s share price traded down 0.6% on Thursday . The stock traded as low as $23.46 and last traded at $23.57. 3,313 shares changed hands during mid-day trading, an increase of 175% from the average session volume of 1,203 shares. The stock had previously closed at $23.72.

Global X Dorsey Wright Thematic ETF Trading Down 0.6%

The firm has a market capitalization of $7.78 million, a PE ratio of 26.08 and a beta of 1.23. The firm’s fifty day moving average price is $24.81 and its 200 day moving average price is $26.00.

Global X Dorsey Wright Thematic ETF Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were issued a dividend of $0.2752 per share. The ex-dividend date was Tuesday, December 30th.

Hedge Funds Weigh In On Global X Dorsey Wright Thematic ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AlphaCore Capital LLC bought a new stake in Global X Dorsey Wright Thematic ETF in the fourth quarter worth approximately $34,000. SBI Securities Co. Ltd. acquired a new position in Global X Dorsey Wright Thematic ETF during the third quarter worth $53,000. Bank of America Corp DE bought a new position in Global X Dorsey Wright Thematic ETF during the third quarter valued at about $95,000. Finally, Ameritas Advisory Services LLC bought a new stake in shares of Global X Dorsey Wright Thematic ETF during the 3rd quarter worth about $102,000.

About Global X Dorsey Wright Thematic ETF

Global X Funds – Global X Thematic Growth ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of global region. It invests through other funds in stocks of companies operating across diversified sectors. The fund invests in growth stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Solactive Thematic Growth Index, by using full replication technique. Global X Funds – Global X Thematic Growth ETF was formed on October 25, 2019 and is domiciled in the United States.