Raymond James & Associates Invests $261,000 in Global X Social Media ETF (NASDAQ:SOCL)

Raymond James & Associates purchased a new stake in shares of Global X Social Media ETF (NASDAQ:SOCL) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 6,453 shares of the company’s stock, valued at approximately $261,000. Raymond James & Associates owned 0.16% of Global X Social Media ETF as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of SOCL. Assetmark Inc. bought a new stake in shares of Global X Social Media ETF in the 3rd quarter worth about $99,000. Pathstone Family Office LLC bought a new position in shares of Global X Social Media ETF during the third quarter valued at approximately $376,000. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Global X Social Media ETF in the third quarter worth approximately $403,000. NBC Securities Inc. bought a new stake in shares of Global X Social Media ETF during the 3rd quarter worth approximately $806,000. Finally, Daiwa Securities Group Inc. boosted its holdings in Global X Social Media ETF by 333.3% during the 3rd quarter. Daiwa Securities Group Inc. now owns 715,000 shares of the company’s stock valued at $25,633,000 after acquiring an additional 550,000 shares during the period.

Global X Social Media ETF Stock Down 0.0 %

SOCL stock opened at $41.14 on Tuesday. The firm has a market cap of $143.99 million, a price-to-earnings ratio of 26.56 and a beta of 0.94. Global X Social Media ETF has a twelve month low of $33.23 and a twelve month high of $41.50. The business’s fifty day simple moving average is $39.90 and its two-hundred day simple moving average is $39.07.

Global X Social Media 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.