Simplicity Wealth LLC Purchases New Holdings in Global X Renewable Energy Producers ETF (NASDAQ:RNRG)

Simplicity Wealth LLC purchased a new stake in Global X Renewable Energy Producers ETF (NASDAQ:RNRG) in the 1st quarter, HoldingsChannel reports. The fund purchased 12,110 shares of the company’s stock, valued at approximately $119,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Tempus Wealth Planning LLC lifted its position in Global X Renewable Energy Producers ETF by 6.6% in the 4th quarter. Tempus Wealth Planning LLC now owns 36,139 shares of the company’s stock worth $408,000 after buying an additional 2,224 shares in the last quarter. LFA Lugano Financial Advisors SA lifted its position in Global X Renewable Energy Producers ETF by 24.7% in the 4th quarter. LFA Lugano Financial Advisors SA now owns 63,880 shares of the company’s stock worth $721,000 after buying an additional 12,639 shares in the last quarter. Abundance Wealth Counselors purchased a new stake in Global X Renewable Energy Producers ETF in the 4th quarter worth approximately $146,000. Gerber LLC acquired a new position in shares of Global X Renewable Energy Producers ETF during the 4th quarter worth $147,000. Finally, Pathstone Family Office LLC acquired a new position in shares of Global X Renewable Energy Producers ETF during the 3rd quarter worth $984,000.

Global X Renewable Energy Producers ETF Stock Up 1.2 %

Shares of RNRG traded up $0.12 during mid-day trading on Friday, hitting $10.47. 5,036 shares of the company’s stock were exchanged, compared to its average volume of 12,601. The firm has a fifty day moving average of $9.88 and a two-hundred day moving average of $10.17. Global X Renewable Energy Producers ETF has a twelve month low of $9.12 and a twelve month high of $12.47. The stock has a market cap of $41.57 million, a price-to-earnings ratio of 17.81 and a beta of 0.78.

About Global X Renewable Energy Producers ETF

The Global X Renewable Energy Producers ETF (RNRG) is an exchange-traded fund that is based on the Indxx Renewable Energy Producers index, a market-cap-weighted index of global renewable energy companies including YieldCos. RNRG was launched on May 28, 2015 and is managed by Global X.