PNC Financial Services Group Inc. Lowers Holdings in Global X Social Media ETF $SOCL

PNC Financial Services Group Inc. reduced its position in Global X Social Media ETF (NASDAQ:SOCL) by 43.4% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 131,682 shares of the company’s stock after selling 100,831 shares during the quarter. PNC Financial Services Group Inc. owned about 0.07% of Global X Social Media ETF worth $5,702,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Parallel Advisors LLC acquired a new stake in shares of Global X Social Media ETF in the 4th quarter worth $50,000. Kestra Advisory Services LLC acquired a new position in shares of Global X Social Media ETF during the fourth quarter worth about $126,000. Rockefeller Capital Management L.P. increased its stake in shares of Global X Social Media ETF by 47.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,714 shares of the company’s stock worth $150,000 after acquiring an additional 879 shares during the period. Ameriprise Financial Inc. purchased a new position in Global X Social Media ETF during the second quarter worth about $243,000. Finally, Flow Traders U.S. LLC purchased a new position in Global X Social Media ETF during the second quarter worth about $291,000.

Global X Social Media ETF Price Performance

Shares of NASDAQ:SOCL opened at $44.13 on Monday. The company has a market cap of $87.82 million, a P/E ratio of 21.77 and a beta of 1.01. Global X Social Media ETF has a 52 week low of $41.35 and a 52 week high of $63.93. The company has a 50-day moving average price of $45.49 and a 200 day moving average price of $47.92.

Global X Social Media ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were given a dividend of $0.0882 per share. The ex-dividend date was Monday, June 29th.

Global X Social Media ETF Company 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.