Wells Fargo & Company MN Sells 410 Shares of Global X Social Media Index ETF (NASDAQ:SOCL)

Wells Fargo & Company MN trimmed its holdings in shares of Global X Social Media Index ETF (NASDAQ:SOCL) by 9.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,911 shares of the company’s stock after selling 410 shares during the quarter. Wells Fargo & Company MN’s holdings in Global X Social Media Index ETF were worth $166,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC increased its holdings in Global X Social Media Index ETF by 2.2% during the fourth quarter. LPL Financial LLC now owns 25,145 shares of the company’s stock worth $1,064,000 after buying an additional 543 shares during the last quarter. Commonwealth Equity Services LLC increased its position in Global X Social Media Index ETF by 24.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 7,849 shares of the company’s stock worth $332,000 after buying an additional 1,566 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Global X Social Media Index ETF during the 4th quarter worth $428,000. Finally, JPMorgan Chase & Co. raised its stake in Global X Social Media Index ETF by 1,758.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,769 shares of the company’s stock valued at $120,000 after acquiring an additional 2,620 shares during the period.

Global X Social Media Index ETF Stock Down 0.8 %

NASDAQ SOCL opened at $43.96 on Friday. Global X Social Media Index ETF has a 12-month low of $36.71 and a 12-month high of $50.23. The firm has a market cap of $115.61 million, a P/E ratio of 17.81 and a beta of 0.93. The company’s 50 day moving average is $43.65 and its 200-day moving average is $44.08.

Global X Social Media Index ETF Profile

The Global X Social Media ETF (SOCL) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market-cap-weighted index of social media companies selected by a committee. SOCL was launched on Nov 14, 2011 and is managed by Global X.