Envestnet Asset Management Inc. Makes New Investment in Global X Disruptive Materials ETF (NASDAQ:DMAT)

Envestnet Asset Management Inc. bought a new stake in Global X Disruptive Materials ETF (NASDAQ:DMAT) in the fourth quarter, HoldingsChannel reports. The firm bought 10,584 shares of the company’s stock, valued at approximately $150,000.

Global X Disruptive Materials ETF Stock Up 0.2 %

Shares of DMAT stock opened at $14.52 on Friday. The business’s fifty day moving average is $14.49 and its 200 day moving average is $14.99. The stock has a market cap of $3.19 million, a price-to-earnings ratio of -2,116.20 and a beta of 1.05. Global X Disruptive Materials ETF has a twelve month low of $12.05 and a twelve month high of $17.82.

Global X Disruptive Materials ETF Profile

The Global X Disruptive Materials ETF (DMAT) is an exchange-traded fund that is based on the Solactive Disruptive Materials index. The fund is passively managed to track a market cap-weighted index of global stocks that produce metals and other materials associated with disruptive technologies. DMAT was launched on Jan 24, 2022 and is managed by Global X.