Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) Stock Price Up 0.5% – What’s Next?

Global X NASDAQ 100 Risk Managed Income ETF (NASDAQ:QRMI) shares rose 0.5% during trading on Friday . The company traded as high as $15.12 and last traded at $15.09. 21,987 shares were traded during mid-day trading, an increase of 156% from the average daily volume of 8,578 shares. The stock had previously closed at $15.02.

Global X NASDAQ 100 Risk Managed Income ETF Stock Performance

The firm has a market cap of $15.54 million, a price-to-earnings ratio of 33.04 and a beta of 0.38. The firm has a 50-day moving average price of $15.40 and a two-hundred day moving average price of $15.52.

Global X NASDAQ 100 Risk Managed Income ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, July 23rd. Shareholders of record on Monday, July 20th were paid a $0.1498 dividend. The ex-dividend date was Monday, July 20th.

Institutional Trading of Global X NASDAQ 100 Risk Managed Income ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Tactive Advisors LLC increased its position in shares of Global X NASDAQ 100 Risk Managed Income ETF by 3.6% during the second quarter. Tactive Advisors LLC now owns 44,947 shares of the company’s stock worth $702,000 after purchasing an additional 1,551 shares in the last quarter. Triumph Capital Management acquired a new stake in shares of Global X NASDAQ 100 Risk Managed Income ETF in the 3rd quarter valued at about $31,000. Susquehanna International Group LLP grew its stake in Global X NASDAQ 100 Risk Managed Income ETF by 51.2% during the 3rd quarter. Susquehanna International Group LLP now owns 27,752 shares of the company’s stock worth $440,000 after buying an additional 9,397 shares during the last quarter. Cetera Investment Advisers purchased a new position in Global X NASDAQ 100 Risk Managed Income ETF during the 4th quarter worth approximately $163,000. Finally, Osaic Holdings Inc. grew its stake in Global X NASDAQ 100 Risk Managed Income ETF by 88.2% during the 2nd quarter. Osaic Holdings Inc. now owns 24,796 shares of the company’s stock worth $397,000 after buying an additional 11,619 shares during the last quarter.

Global X NASDAQ 100 Risk Managed Income ETF Company Profile

The Global X NASDAQ 100 Risk Managed Income ETF (QRMI) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that holds NASDAQ 100 stocks while employing an options collar strategy. The fund buys 5% OTM put options and sells ATM covered call options on a monthly basis. QRMI was launched on Aug 25, 2021 and is managed by Global X.