Global X Cannabis ETF (NASDAQ:POTX) Shares Sold by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. decreased its stake in shares of Global X Cannabis ETF (NASDAQ:POTX) by 13.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 511,719 shares of the company’s stock after selling 80,236 shares during the period. Mirae Asset Global Investments Co. Ltd. owned approximately 9.84% of Global X Cannabis ETF worth $2,988,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of POTX. UBS Group AG increased its stake in Global X Cannabis ETF by 5,250.0% during the 4th quarter. UBS Group AG now owns 2,675 shares of the company’s stock valued at $30,000 after buying an additional 2,625 shares during the period. Envestnet Asset Management Inc. bought a new position in shares of Global X Cannabis ETF during the 1st quarter valued at about $57,000. Oppenheimer & Co. Inc. bought a new position in shares of Global X Cannabis ETF during the 1st quarter valued at about $94,000. Commonwealth Equity Services LLC boosted its position in shares of Global X Cannabis ETF by 15.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 11,965 shares of the company’s stock valued at $163,000 after purchasing an additional 1,595 shares in the last quarter. Finally, Colony Group LLC bought a new position in shares of Global X Cannabis ETF during the 2nd quarter valued at about $236,000.

Global X Cannabis ETF Stock Performance

NASDAQ:POTX opened at $5.16 on Thursday. Global X Cannabis ETF has a twelve month low of $5.04 and a twelve month high of $11.50. The company has a 50-day moving average of $5.16 and a 200-day moving average of $5.47. The firm has a market cap of $26.06 million, a price-to-earnings ratio of -0.91 and a beta of 1.56.

About Global X Cannabis ETF

The Global X Cannabis ETF (POTX) is an exchange-traded fund that is based on the Cannabis index. The fund tracks an index of developed market companies related to cannabis, hemp & CBD. POTX was launched on Sep 17, 2019 and is managed by Global X.