Today’s ETF Alert: The Global X Funds with $26.24M Assets Under Management, Registers -39.09% Decrease Due To Negative Flows

Today's ETF Alert: The Global X Funds with $26.24M Assets Under Management, Registers  39.09% Decrease Due To Negative Flows

YTD Global X Funds (NYSEARCA:NGE) was a bottom performer after declining -39.09%. The ETF’s weekly performance is -2.05%. The ETF touched $26.24M assets under management. The chart of Global X Funds shows negative long-term setup. The stock decreased 0.93% or $0.04 on November 25, hitting $4.26. Global X Funds (NYSEARCA:NGE) has declined 31.29% since April 25, 2016 and is downtrending. It has underperformed by 37.30% the S&P500.

The ETF’s YTD performance is -34.99%, the 1 year is -38.67% and the 3 year is -30.93%.

The ETF’s average P/E ratio is 6.35, the price to book is 1.09, the price to sales is 0.97 and the price to cashflow is 7.05. Global X Funds is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Nigerian Breweries PLC for 18.72% of assets, Guaranty Trust Bank PLC for 10.79%, Nestle Nigeria PLC for 6.95%, Zenith Bank PLC for 6.20%, Unilever Nigeria PLC for 5.12%, Access Bank PLC for 4.44%, Urstadt Biddle Properties Inc. for 4.29%, Dangote Cement PLC for 4.21%, Stanbic IBTC Holdings PLC for 4.21%, Ecobank Transnational Inc for 3.46%. The ETF sector weights are: Basic Materials 8.00%, Consumer Cyclical 3.04%, Financial Services 40.70%, Consumer Defensive 40.94%, Utilities 2.06%, Energy 5.27%. The ETF currently as 0% yield.

More notable recent Global X Funds (NYSEARCA:NGE) news were published by: Prnewswire.com which released: “Global X Funds Announces Index Change for Gold Explorers ETF” on November 23, 2016, also Prnewswire.com with their article: “Global X Funds Announces Reverse Share Splits For Five ETFs” published on November 02, 2015, Prnewswire.com published: “Global X Funds Launches Conscious Companies ETF” on July 12, 2016. More interesting news about Global X Funds (NYSEARCA:NGE) were released by: Prnewswire.com and their article: “Global X Funds to Liquidate China Bond ETF” published on April 04, 2016 as well as Prnewswire.com‘s news article titled: “Global X Funds Expands Distribution Team With Senior Hires” with publication date: August 25, 2015.

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