Global X Conscious Companies ETF (NASDAQ:KRMA) Hits New 12-Month High – Should You Buy?

Global X Conscious Companies ETF (NASDAQ:KRMA) reached a new 52-week high on Friday . The stock traded as high as $39.35 and last traded at $39.35, with a volume of 208 shares. The stock had previously closed at $39.11.

Global X Conscious Companies ETF Stock Performance

The stock has a market cap of $653.25 million, a P/E ratio of 24.99 and a beta of 1.03. The firm has a 50 day moving average of $37.97 and a two-hundred day moving average of $36.94.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. grew its stake in shares of Global X Conscious Companies ETF by 30.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,418 shares of the company’s stock worth $52,000 after acquiring an additional 328 shares during the last quarter. Eagle Strategies LLC bought a new stake in Global X Conscious Companies ETF in the 2nd quarter valued at $224,000. Cetera Advisors LLC acquired a new stake in Global X Conscious Companies ETF in the 1st quarter worth $1,278,000. Finally, Daiwa Securities Group Inc. increased its holdings in shares of Global X Conscious Companies ETF by 3.2% during the 2nd quarter. Daiwa Securities Group Inc. now owns 13,123,226 shares of the company’s stock worth $485,297,000 after purchasing an additional 401,337 shares during the period.

Global X Conscious Companies ETF Company Profile

The Global X Conscious Companies ETF (KRMA) is an exchange-traded fund that is based on the Concinnity Conscious Companies GTR index. The fund tracks an equal-weighted index composed of U.S.-listed companies that exhibit environmental, social, and corporate governance (ESG) characteristics. KRMA was launched on Jul 11, 2016 and is managed by Global X.