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

Global X Conscious Companies ETF (NASDAQ:KRMA) saw strong trading volume on Thursday . 261,206 shares changed hands during mid-day trading, an increase of 1,227% from the previous session’s volume of 19,688 shares.The stock last traded at $40.46 and had previously closed at $40.27.

Global X Conscious Companies ETF Trading Up 0.1 %

The company has a market cap of $747.89 million, a PE ratio of 24.99 and a beta of 1.03. The company’s 50 day moving average is $38.81 and its 200 day moving average is $37.47.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Cetera Advisors LLC bought a new stake in shares of Global X Conscious Companies ETF in the 1st quarter valued at about $1,278,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Global X Conscious Companies ETF by 30.1% in the 2nd 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. Daiwa Securities Group Inc. boosted its holdings in shares of Global X Conscious Companies ETF by 3.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 13,123,226 shares of the company’s stock valued at $485,297,000 after buying an additional 401,337 shares in the last quarter. Eagle Strategies LLC bought a new stake in shares of Global X Conscious Companies ETF in the 2nd quarter valued at about $224,000. Finally, Syntegra Private Wealth Group LLC boosted 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 buying an additional 1,948 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.