Wealthfront Advisers LLC Acquires New Position in Global X Millennial Consumer ETF (NASDAQ:MILN)

Wealthfront Advisers LLC acquired a new stake in shares of Global X Millennial Consumer ETF (NASDAQ:MILN) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 216,929 shares of the company’s stock, valued at approximately $9,753,000. Wealthfront Advisers LLC owned approximately 0.08% of Global X Millennial Consumer ETF at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. SBI Securities Co. Ltd. purchased a new stake in shares of Global X Millennial Consumer ETF in the 4th quarter valued at approximately $30,000. JPMorgan Chase & Co. grew its stake in shares of Global X Millennial Consumer ETF by 182.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 803 shares of the company’s stock valued at $34,000 after buying an additional 519 shares during the period. Barclays PLC grew its stake in shares of Global X Millennial Consumer ETF by 33.3% in the 3rd quarter. Barclays PLC now owns 3,000 shares of the company’s stock valued at $126,000 after buying an additional 750 shares during the period. Jane Street Group LLC grew its stake in shares of Global X Millennial Consumer ETF by 24.5% in the 3rd quarter. Jane Street Group LLC now owns 6,729 shares of the company’s stock valued at $282,000 after buying an additional 1,326 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of Global X Millennial Consumer ETF in the 4th quarter valued at approximately $305,000.

Global X Millennial Consumer ETF Price Performance

Global X Millennial Consumer ETF stock opened at $42.98 on Thursday. The firm has a 50 day simple moving average of $46.74 and a 200-day simple moving average of $44.63. Global X Millennial Consumer ETF has a 1-year low of $35.03 and a 1-year high of $49.77. The stock has a market cap of $115.19 million, a price-to-earnings ratio of 28.26 and a beta of 1.21.

Global X Millennial Consumer ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, January 7th. Stockholders of record on Monday, December 30th were paid a $0.0852 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Global X Millennial Consumer ETF Company Profile

The Global X Millennials Consumer ETF (MILN) is an exchange-traded fund that is based on the Indxx Millennials Thematic index. The fund tracks an index composed of US-listed companies that derive a significant source of their revenue from spending categories determined to be associated with millennials – people born between 1980 and 2000.