Tcfg Wealth Management LLC Invests $596,000 in Global X Gold Explorers ETF $GOEX

Tcfg Wealth Management LLC acquired a new position in shares of Global X Gold Explorers ETF (NYSEARCA:GOEX) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 8,775 shares of the company’s stock, valued at approximately $596,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Raymond James Financial Inc. acquired a new stake in Global X Gold Explorers ETF during the 2nd quarter valued at $158,000. Cibc World Market Inc. purchased a new stake in Global X Gold Explorers ETF during the 3rd quarter worth about $246,000. OneDigital Investment Advisors LLC acquired a new position in Global X Gold Explorers ETF in the 3rd quarter valued at about $276,000. Private Advisory Group LLC purchased a new position in Global X Gold Explorers ETF in the 3rd quarter valued at about $291,000. Finally, Global Retirement Partners LLC purchased a new position in Global X Gold Explorers ETF in the 2nd quarter valued at about $407,000.

Global X Gold Explorers ETF Price Performance

Global X Gold Explorers ETF stock opened at $76.35 on Friday. The stock has a market capitalization of $132.85 million, a P/E ratio of 20.37 and a beta of 0.80. Global X Gold Explorers ETF has a 12-month low of $33.12 and a 12-month high of $110.19. The firm’s 50-day moving average is $95.07 and its two-hundred day moving average is $79.66.

About Global X Gold Explorers ETF

The Global X Gold Explorers ETF (GOEX) is an exchange-traded fund that mostly invests in materials equity. The fund tracks a market-cap-weighted index of global stocks in the gold mining industry as an explorer or developer. GOEX was launched on Nov 3, 2010 and is managed by Global X.