Northwestern Mutual Wealth Management Co. Boosts Holdings in Global X Millennial Consumer ETF $MILN

Northwestern Mutual Wealth Management Co. grew its position in Global X Millennial Consumer ETF (NASDAQ:MILN) by 94,371.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 198,389 shares of the company’s stock after buying an additional 198,179 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.08% of Global X Millennial Consumer ETF worth $9,309,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in MILN. Moran Wealth Management LLC lifted its holdings in Global X Millennial Consumer ETF by 63.3% during the 4th quarter. Moran Wealth Management LLC now owns 36,603 shares of the company’s stock worth $1,718,000 after buying an additional 14,186 shares in the last quarter. Archford Capital Strategies LLC grew its position in shares of Global X Millennial Consumer ETF by 3.4% in the 4th quarter. Archford Capital Strategies LLC now owns 11,336 shares of the company’s stock valued at $532,000 after buying an additional 373 shares during the last quarter. Susquehanna International Group LLP purchased a new position in shares of Global X Millennial Consumer ETF in the 3rd quarter valued at $458,000. Bank of America Corp DE grew its position in Global X Millennial Consumer ETF by 4.2% during the 3rd quarter. Bank of America Corp DE now owns 405,164 shares of the company’s stock worth $20,041,000 after purchasing an additional 16,275 shares during the last quarter. Finally, Two Sigma Investments LP grew its position in Global X Millennial Consumer ETF by 15.6% during the 3rd quarter. Two Sigma Investments LP now owns 5,200 shares of the company’s stock worth $257,000 after purchasing an additional 700 shares during the last quarter.

Global X Millennial Consumer ETF Stock Down 0.3%

Shares of NASDAQ:MILN opened at $42.92 on Friday. The company has a market cap of $96.14 million, a price-to-earnings ratio of 27.54 and a beta of 1.21. The firm’s 50-day simple moving average is $42.59 and its 200-day simple moving average is $44.65. Global X Millennial Consumer ETF has a fifty-two week low of $39.23 and a fifty-two week high of $50.86.

About Global X Millennial Consumer ETF

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. MILN was launched on May 4, 2016 and is managed by Global X.