Global X Guru Index ETF (NYSEARCA:GURU) Trading Up 0.6% – Here’s What Happened

Posted by Samantha Reynolds on Jan 19th, 2025

Global X Guru Index ETF (NYSEARCA:GURU – Get Free Report)’s share price rose 0.6% on Friday . The stock traded as high as $51.51 and last traded at $51.34. Approximately 896 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 2,945 shares. The stock had previously closed at $51.04.

Global X Guru Index ETF Stock Up 0.6 %

The business has a 50-day simple moving average of $51.39 and a 200-day simple moving average of $47.99. The company has a market cap of $50.31 million, a PE ratio of 15.97 and a beta of 1.00.

Institutional Investors Weigh In On Global X Guru Index ETF

A hedge fund recently raised its stake in Global X Guru Index ETF stock. JPMorgan Chase & Co. raised its position in Global X Guru Index ETF (NYSEARCA:GURU – Free Report) by 14,285.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,007 shares of the company’s stock after acquiring an additional 1,000 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.10% of Global X Guru Index ETF worth $48,000 as of its most recent SEC filing.

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.