Global X Morningstar Capital Allocation Leaders ETF (NASDAQ:CPTL) Stock Price Down 0.3% – Should You Sell?

Global X Morningstar Capital Allocation Leaders ETF (NASDAQ:CPTL)’s stock price traded down 0.3% on Tuesday . The company traded as low as $48.46 and last traded at $48.46. Approximately 6,181 shares changed hands during trading, an increase of 77% from the average daily volume of 3,489 shares. The stock had previously closed at $48.61.

Global X Morningstar Capital Allocation Leaders ETF Trading Down 0.5%

The company’s fifty day moving average is $47.98 and its two-hundred day moving average is $46.04. The stock has a market cap of $116.18 million, a price-to-earnings ratio of 22.63 and a beta of 1.01.

Global X Morningstar Capital Allocation Leaders ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, July 2nd. Stockholders of record on Monday, June 29th were given a dividend of $0.1708 per share. The ex-dividend date was Monday, June 29th.

Institutional Investors Weigh In On Global X Morningstar Capital Allocation Leaders ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of Global X Morningstar Capital Allocation Leaders ETF by 10,467.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 115,189 shares of the company’s stock worth $5,002,000 after acquiring an additional 114,099 shares in the last quarter. Royal Bank of Canada raised its stake in shares of Global X Morningstar Capital Allocation Leaders ETF by 153.5% in the fourth quarter. Royal Bank of Canada now owns 99,820 shares of the company’s stock valued at $4,334,000 after acquiring an additional 60,441 shares in the last quarter. Jane Street Group LLC purchased a new position in Global X Morningstar Capital Allocation Leaders ETF in the first quarter valued at $574,000. Goldman Sachs Group Inc. boosted its holdings in Global X Morningstar Capital Allocation Leaders ETF by 199.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 14,257 shares of the company’s stock valued at $619,000 after purchasing an additional 9,501 shares during the period. Finally, Two Sigma Investments LP purchased a new stake in Global X Morningstar Capital Allocation Leaders ETF during the 3rd quarter worth about $302,000.

About Global X Morningstar Capital Allocation Leaders ETF

Global X Conscious Companies ETF is an exchange-traded fund managed by Global X Management Company LLC. The fund seeks to provide diversified exposure to companies that demonstrate a commitment to responsible corporate practices and positive relationships with key stakeholders, including employees, customers, suppliers, communities and shareholders.

The portfolio is designed to follow an index-based investment approach and generally invests in equity securities of companies that meet defined environmental, social and governance-related criteria.