Global X Adaptive U.S. Risk Management ETF (NYSEARCA:ONOF) Shares Down 0.2%

Shares of Global X Adaptive U.S. Risk Management ETF (NYSEARCA:ONOF) traded down 0.2% during trading on Wednesday . The stock traded as low as $33.47 and last traded at $33.47. 621 shares were traded during trading, a decline of 93% from the average session volume of 8,310 shares. The stock had previously closed at $33.53.

Global X Adaptive U.S. Risk Management ETF Trading Down 0.2 %

The firm’s 50-day moving average price is $33.48 and its 200 day moving average price is $33.04. The company has a market cap of $123.83 million, a price-to-earnings ratio of 25.27 and a beta of 0.91.

Hedge Funds Weigh In On Global X Adaptive U.S. Risk Management ETF

An institutional investor recently bought a new position in Global X Adaptive U.S. Risk Management ETF stock. Cetera Investment Advisers bought a new position in Global X Adaptive U.S. Risk Management ETF (NYSEARCA:ONOF) during the first quarter, according to its most recent filing with the SEC. The firm bought 261,927 shares of the company’s stock, valued at approximately $8,578,000. Cetera Investment Advisers owned approximately 7.08% of Global X Adaptive U.S. Risk Management ETF as of its most recent SEC filing.

About Global X Adaptive U.S. Risk Management ETF

The Global X Adaptive U.S. Risk Management ETF (ONOF) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund tracks an index that allocates 100% of the portfolio to US equities or short-term Treasurys based on four market indicators. ONOF was launched on Jan 12, 2021 and is managed by Global X.