Wealthfront Advisers LLC Acquires New Stake in Global X Guru Index ETF (NYSEARCA:GURU)

Wealthfront Advisers LLC acquired a new stake in shares of Global X Guru Index ETF (NYSEARCA:GURU) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 8,257 shares of the company’s stock, valued at approximately $412,000. Wealthfront Advisers LLC owned approximately 0.84% of Global X Guru Index ETF as of its most recent SEC filing.

Separately, JPMorgan Chase & Co. boosted its stake in Global X Guru Index ETF by 14,285.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,007 shares of the company’s stock valued at $48,000 after purchasing an additional 1,000 shares during the last quarter.

Global X Guru Index ETF Trading Up 2.5 %

Shares of GURU opened at $48.72 on Monday. The business’s fifty day simple moving average is $51.52 and its two-hundred day simple moving average is $50.13. Global X Guru Index ETF has a 12 month low of $40.26 and a 12 month high of $53.92. The company has a market cap of $44.34 million, a price-to-earnings ratio of 20.06 and a beta of 1.08.

Global X Guru Index ETF Company Profile

The Global X Guru Index ETF (GURU) is an exchange-traded fund that is based on the Solactive Guru index. The fund tracks an equal-weighted index that attempts to mimic concentrated equity positions taken by large hedge funds, as reported in public filings. GURU was launched on Jun 4, 2012 and is managed by Global X.