Global X Gold Explorers ETF $GOEX Shares Acquired by NewEdge Advisors LLC

NewEdge Advisors LLC lifted its position in shares of Global X Gold Explorers ETF (NYSEARCA:GOEX) by 7.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 147,094 shares of the company’s stock after acquiring an additional 10,263 shares during the quarter. NewEdge Advisors LLC owned 8.97% of Global X Gold Explorers ETF worth $12,449,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new position in Global X Gold Explorers ETF in the 4th quarter worth about $73,000. Kestra Advisory Services LLC purchased a new stake in shares of Global X Gold Explorers ETF in the fourth quarter valued at approximately $109,000. Raymond James Financial Inc. purchased a new stake in shares of Global X Gold Explorers ETF in the second quarter valued at approximately $158,000. Cetera Investment Advisers acquired a new position in shares of Global X Gold Explorers ETF during the 4th quarter worth approximately $403,000. Finally, Jane Street Group LLC acquired a new position in shares of Global X Gold Explorers ETF during the 2nd quarter worth approximately $462,000.

Global X Gold Explorers ETF Price Performance

Shares of NYSEARCA:GOEX opened at $84.25 on Friday. Global X Gold Explorers ETF has a 1 year low of $47.08 and a 1 year high of $110.19. The firm has a market capitalization of $128.06 million, a price-to-earnings ratio of 20.37 and a beta of 0.85. The business’s 50 day moving average price is $72.01 and its 200-day moving average price is $83.55.

About Global X Gold Explorers ETF

The Global X Gold Explorers ETF (GOEX) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a market-cap-weighted index of global stocks in the gold mining industry as an explorer or developer. GOEX was launched on Nov 3, 2010 and is managed by Global X.