Daiwa Securities Group Inc. Sells 20,000 Shares of Global X E-Commerce ETF $EBIZ

Daiwa Securities Group Inc. cut its holdings in shares of Global X E-Commerce ETF (NASDAQ:EBIZ) by 38.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,587 shares of the company’s stock after selling 20,000 shares during the period. Daiwa Securities Group Inc. owned approximately 2.12% of Global X E-Commerce ETF worth $1,059,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of EBIZ. Flow Traders U.S. LLC bought a new stake in shares of Global X E-Commerce ETF in the third quarter valued at about $1,539,000. Susquehanna International Group LLP lifted its holdings in shares of Global X E-Commerce ETF by 111.4% in the third quarter. Susquehanna International Group LLP now owns 53,606 shares of the company’s stock valued at $1,879,000 after purchasing an additional 28,245 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Global X E-Commerce ETF by 61.2% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 65,809 shares of the company’s stock valued at $2,014,000 after purchasing an additional 24,979 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Global X E-Commerce ETF in the second quarter valued at about $446,000. Finally, Golden State Equity Partners bought a new stake in shares of Global X E-Commerce ETF in the fourth quarter valued at about $284,000.

Global X E-Commerce ETF Price Performance

Shares of Global X E-Commerce ETF stock opened at $27.00 on Thursday. The firm has a market cap of $27.81 million, a price-to-earnings ratio of 21.86 and a beta of 1.22. The stock’s 50-day moving average is $27.84 and its 200-day moving average is $29.80. Global X E-Commerce ETF has a one year low of $25.85 and a one year high of $36.00.

About Global X E-Commerce ETF

The Global X E-commerce ETF (EBIZ) is an exchange-traded fund that is based on the Solactive E-commerce index, a market-cap-weighted index of global e-commerce companies, including online retailers, retail platforms, and supporting businesses. EBIZ was launched on Nov 27, 2018 and is managed by Global X.