Mirae Asset Global Investments Co. Ltd. Acquires New Shares in Global X Internet of Things ETF $SNSR

Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Global X Internet of Things ETF (NASDAQ:SNSR) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 62,000 shares of the company’s stock, valued at approximately $3,027,000.

Several other institutional investors have also added to or reduced their stakes in SNSR. MWA Asset Management bought a new stake in shares of Global X Internet of Things ETF in the 1st quarter worth $45,000. Rockefeller Capital Management L.P. boosted its position in shares of Global X Internet of Things ETF by 27.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,997 shares of the company’s stock valued at $74,000 after buying an additional 436 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in Global X Internet of Things ETF in the 2nd quarter worth about $90,000. HB Wealth Management LLC purchased a new stake in shares of Global X Internet of Things ETF during the 1st quarter valued at about $207,000. Finally, Envestnet Asset Management Inc. purchased a new position in shares of Global X Internet of Things ETF during the second quarter valued at approximately $231,000.

Global X Internet of Things ETF Stock Up 0.5%

SNSR traded up $0.23 during mid-day trading on Friday, reaching $43.96. 31,985 shares of the company traded hands, compared to its average volume of 18,847. The company’s fifty day moving average price is $47.53 and its 200-day moving average price is $45.08. The stock has a market capitalization of $185.07 million, a P/E ratio of 26.18 and a beta of 1.39. Global X Internet of Things ETF has a 52-week low of $34.20 and a 52-week high of $53.80.

Global X Internet of Things ETF Company Profile

The Global X Internet of Things ETF (SNSR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index composed of developed market companies that facilitate the Internet of Things industry. SNSR was launched on Sep 12, 2016 and is managed by Global X.