Cetera Investment Advisers Has $649,000 Stock Position in Global X E-Commerce ETF (NASDAQ:EBIZ)

Cetera Investment Advisers decreased its position in shares of Global X E-Commerce ETF (NASDAQ:EBIZ) by 8.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,737 shares of the company’s stock after selling 2,042 shares during the period. Cetera Investment Advisers’ holdings in Global X E-Commerce ETF were worth $649,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of EBIZ. Vivaldi Capital Management LP lifted its holdings in Global X E-Commerce ETF by 9.2% during the 4th quarter. Vivaldi Capital Management LP now owns 11,184 shares of the company’s stock worth $329,000 after buying an additional 943 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Global X E-Commerce ETF by 15.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 16,459 shares of the company’s stock worth $457,000 after buying an additional 2,248 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in shares of Global X E-Commerce ETF by 26.3% during the 4th quarter. LPL Financial LLC now owns 15,537 shares of the company’s stock worth $431,000 after buying an additional 3,239 shares during the last quarter.

Global X E-Commerce ETF Price Performance

Shares of NASDAQ:EBIZ opened at $33.39 on Friday. Global X E-Commerce ETF has a 1 year low of $23.36 and a 1 year high of $33.63. The stock has a market capitalization of $84.81 million, a price-to-earnings ratio of 21.86 and a beta of 1.24. The company’s 50 day simple moving average is $31.29 and its 200 day simple moving average is $29.72.

Global X E-Commerce ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, July 7th. Stockholders of record on Friday, June 27th were given a dividend of $0.0975 per share. The ex-dividend date of this dividend was Friday, June 27th. This is a boost from Global X E-Commerce ETF’s previous dividend of $0.01.

About Global X E-Commerce ETF

The Global X E-commerce ETF (EBIZ) is an exchange-traded fund that is based on the Solactive E-commerce index, a market-cap-weighted index of global e-commerce companies, including online retailers, retail platforms, and supporting businesses. EBIZ was launched on Nov 27, 2018 and is managed by Global X.