Global X Guru Index ETF (NYSEARCA:GURU) Trading Down 0.2% – Here’s Why

Global X Guru Index ETF (NYSEARCA:GURUGet Free Report)’s share price traded down 0.2% during mid-day trading on Tuesday . The company traded as low as $48.76 and last traded at $48.84. 846 shares traded hands during trading, a decline of 62% from the average session volume of 2,250 shares. The stock had previously closed at $48.96.

Global X Guru Index ETF Price Performance

The stock’s 50-day moving average is $46.79 and its 200 day moving average is $44.35. The stock has a market cap of $47.48 million, a price-to-earnings ratio of 15.97 and a beta of 1.00.

Global X Guru Index ETF Company Profile

(Get Free Report)

The Global X Guru Index ETF (GURU) is an exchange-traded fund that is based on the Solactive Guru index. The fund tracks an equal-weighted index that attempts to mimic concentrated equity positions taken by large hedge funds, as reported in public filings. GURU was launched on Jun 4, 2012 and is managed by Global X.

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