Global X Conscious Companies ETF (NASDAQ:KRMA) Sees Unusually-High Trading Volume – Time to Buy?

Global X Conscious Companies ETF (NASDAQ:KRMA) shares saw an uptick in trading volume on Friday . 7,846 shares were traded during mid-day trading, an increase of 7% from the previous session’s volume of 7,315 shares.The stock last traded at $39.87 and had previously closed at $39.55.

Global X Conscious Companies ETF Trading Up 0.7 %

The company has a market capitalization of $640.53 million, a price-to-earnings ratio of 24.99 and a beta of 1.03. The firm’s 50 day simple moving average is $39.93 and its 200-day simple moving average is $38.76.

Global X Conscious Companies ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were given a $0.212 dividend. The ex-dividend date was Monday, December 30th.

Hedge Funds Weigh In On Global X Conscious Companies ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in KRMA. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Global X Conscious Companies ETF by 30.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,418 shares of the company’s stock valued at $52,000 after buying an additional 328 shares in the last quarter. HBW Advisory Services LLC boosted its position in shares of Global X Conscious Companies ETF by 18.4% during the 4th quarter. HBW Advisory Services LLC now owns 5,695 shares of the company’s stock worth $223,000 after purchasing an additional 885 shares in the last quarter. Syntegra Private Wealth Group LLC increased its holdings in shares of Global X Conscious Companies ETF by 19.0% in the 3rd quarter. Syntegra Private Wealth Group LLC now owns 12,217 shares of the company’s stock valued at $478,000 after purchasing an additional 1,948 shares in the last quarter. Merit Financial Group LLC lifted its stake in shares of Global X Conscious Companies ETF by 3.5% in the fourth quarter. Merit Financial Group LLC now owns 21,773 shares of the company’s stock valued at $851,000 after purchasing an additional 744 shares during the period. Finally, Freedom Investment Management Inc. boosted its holdings in Global X Conscious Companies ETF by 1.3% during the third quarter. Freedom Investment Management Inc. now owns 25,647 shares of the company’s stock worth $1,004,000 after buying an additional 336 shares in the last quarter.

About Global X Conscious Companies ETF

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.