The Manufacturers Life Insurance Company Acquires New Holdings in Range Global Coal Index ETF $COAL

The Manufacturers Life Insurance Company acquired a new position in Range Global Coal Index ETF (NYSEARCA:COAL) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 23,700 shares of the company’s stock, valued at approximately $650,000. The Manufacturers Life Insurance Company owned approximately 0.83% of Range Global Coal Index ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Citadel Advisors LLC raised its position in shares of Range Global Coal Index ETF by 153.9% in the 3rd quarter. Citadel Advisors LLC now owns 46,503 shares of the company’s stock worth $1,037,000 after acquiring an additional 28,188 shares in the last quarter. Jane Street Group LLC bought a new stake in Range Global Coal Index ETF during the second quarter valued at about $500,000. Cetera Investment Advisers bought a new stake in Range Global Coal Index ETF during the first quarter valued at about $577,000. Group One Trading LLC grew its stake in Range Global Coal Index ETF by 1,807.9% in the first quarter. Group One Trading LLC now owns 15,282 shares of the company’s stock valued at $419,000 after purchasing an additional 14,481 shares during the last quarter. Finally, Private Advisor Group LLC purchased a new position in Range Global Coal Index ETF in the first quarter valued at about $435,000.

Range Global Coal Index ETF Stock Performance

Shares of Range Global Coal Index ETF stock opened at $25.10 on Friday. The company has a market capitalization of $53.21 million, a PE ratio of 8.14 and a beta of 0.14. The company has a 50-day simple moving average of $23.79 and a two-hundred day simple moving average of $25.31. Range Global Coal Index ETF has a one year low of $19.37 and a one year high of $29.10.

Range Global Coal Index ETF Profile

The Range Global Coal Index ETF (COAL) is an exchange-traded fund that is based on the Range Global Coal index. The fund is designed to replicate the performance of a market-cap weighted index comprising global stocks primarily involved in the coal industry, including those engaged in coal production and logistics. COAL was launched on Jan 23, 2024 and is issued by Range.