Wealthfront Advisers LLC Buys New Shares in Global X Guru Index ETF (NYSEARCA:GURU)

Wealthfront Advisers LLC bought a new stake in Global X Guru Index ETF (NYSEARCA:GURU) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,257 shares of the company’s stock, valued at approximately $412,000.

Separately, JPMorgan Chase & Co. increased its position in shares of Global X Guru Index ETF by 14,285.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,007 shares of the company’s stock valued at $48,000 after acquiring an additional 1,000 shares during the period.

Global X Guru Index ETF Stock Performance

NYSEARCA:GURU opened at $48.72 on Monday. Global X Guru Index ETF has a one year low of $40.26 and a one year high of $53.92. The firm has a market cap of $44.34 million, a price-to-earnings ratio of 20.06 and a beta of 1.08. The firm’s fifty day moving average is $51.52 and its two-hundred day moving average is $50.13.

Global X Guru Index ETF Company Profile

The Global X Guru Index ETF (GURU) is an exchange-traded fund that is based on the Solactive Guru index. The fund tracks an equal-weighted index that attempts to mimic concentrated equity positions taken by large hedge funds, as reported in public filings. GURU was launched on Jun 4, 2012 and is managed by Global X.