Merit Financial Group LLC Sells 7,378 Shares of Global X Conscious Companies ETF (NASDAQ:KRMA)

Merit Financial Group LLC cut its holdings in Global X Conscious Companies ETF (NASDAQ:KRMA) by 33.9% during the 1st quarter, Holdings Channel reports. The firm owned 14,395 shares of the company’s stock after selling 7,378 shares during the period. Merit Financial Group LLC’s holdings in Global X Conscious Companies ETF were worth $537,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Farther Finance Advisors LLC bought a new stake in shares of Global X Conscious Companies ETF in the fourth quarter worth about $44,000. Citadel Advisors LLC bought a new stake in shares of Global X Conscious Companies ETF in the fourth quarter worth about $324,000. Envestnet Asset Management Inc. bought a new stake in shares of Global X Conscious Companies ETF in the fourth quarter worth about $327,000. Smart Portfolios LLC grew its stake in shares of Global X Conscious Companies ETF by 1.8% in the fourth quarter. Smart Portfolios LLC now owns 15,003 shares of the company’s stock worth $586,000 after purchasing an additional 261 shares during the last quarter. Finally, Freedom Investment Management Inc. grew its stake in shares of Global X Conscious Companies ETF by 1.7% in the fourth quarter. Freedom Investment Management Inc. now owns 26,074 shares of the company’s stock worth $1,019,000 after purchasing an additional 427 shares during the last quarter.

Global X Conscious Companies ETF Stock Performance

Global X Conscious Companies ETF stock opened at $39.48 on Tuesday. The stock’s 50 day simple moving average is $36.96 and its two-hundred day simple moving average is $38.57. The stock has a market cap of $640.37 million, a price-to-earnings ratio of 22.10 and a beta of 1.03. Global X Conscious Companies ETF has a fifty-two week low of $31.96 and a fifty-two week high of $41.05.

Global X Conscious Companies ETF Profile

The Global X Conscious Companies ETF (KRMA) is an exchange-traded fund that is based on the Concinnity Conscious Companies GTR index. The fund tracks an equal-weighted index composed of U.S.-listed companies that exhibit environmental, social, and corporate governance (ESG) characteristics. KRMA was launched on Jul 11, 2016 and is managed by Global X.