Global X Aging Population ETF (NASDAQ:AGNG) Stock Price Up 3.7% – What’s Next?

Global X Aging Population ETF (NASDAQ:AGNG)’s stock price shot up 3.7% on Wednesday. The company traded as high as $41.12 and last traded at $41.14. 5,502 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 15,591 shares. The stock had previously closed at $39.66.

Global X Aging Population ETF Stock Performance

The stock has a 50 day moving average of $37.53 and a two-hundred day moving average of $36.67. The stock has a market cap of $99.97 million, a PE ratio of 24.67 and a beta of 0.59.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in AGNG. Lido Advisors LLC increased its position in shares of Global X Aging Population ETF by 4.1% in the first quarter. Lido Advisors LLC now owns 25,710 shares of the company’s stock worth $915,000 after acquiring an additional 1,004 shares in the last quarter. Fifth Third Bancorp acquired a new stake in shares of Global X Aging Population ETF during the first quarter valued at approximately $71,000. Paller Financial Services Inc raised its holdings in shares of Global X Aging Population ETF by 2.8% during the third quarter. Paller Financial Services Inc now owns 88,293 shares of the company’s stock valued at $3,233,000 after acquiring an additional 2,386 shares during the period. Aspire Capital Advisors LLC lifted its position in shares of Global X Aging Population ETF by 4.1% in the 2nd quarter. Aspire Capital Advisors LLC now owns 67,440 shares of the company’s stock valued at $2,429,000 after acquiring an additional 2,641 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in shares of Global X Aging Population ETF by 10.5% in the 2nd quarter. NewEdge Advisors LLC now owns 28,910 shares of the company’s stock valued at $1,041,000 after acquiring an additional 2,750 shares in the last quarter.

About Global X Aging Population ETF

The Global X Aging Population ETF (AGNG) is an exchange-traded fund that is based on the Indxx Aging Population Thematic index, a market-cap-weighted index of companies from developed markets, whose revenue or main business purpose is tied to enhancing and elongating the lives of senior citizens. AGNG was launched on May 9, 2016 and is managed by Global X.