Global X Thematic Growth ETF (NASDAQ:GXTG) Stock Price Up 1.1% – Still a Buy?

Global X Thematic Growth ETF (NASDAQ:GXTG – Get Free Report) traded up 1.1% during mid-day trading on Wednesday. The company traded as high as $25.3228 and last traded at $25.3228. Approximately 582 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 4,021 shares. The stock had previously closed at $25.0486.

Global X Thematic Growth ETF Price Performance

The business has a 50 day simple moving average of $24.06 and a 200 day simple moving average of $25.34. The company has a market capitalization of $11.74 million, a price-to-earnings ratio of 26.08 and a beta of 1.23.

Global X Thematic Growth ETF Company Profile

(Get Free Report)

The Global X Thematic Growth ETF (GXTG) is an exchange-traded fund that is based on the Solactive Thematic Growth index. The fund is a passively managed fund-of-funds providing global equity exposure todisruptive-growth trends. Selectionisbased ona quantitativemethodologyemphasizingrealized sales growth. GXTG was launched on Oct 25, 2019 and is managed by Global X.

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