(MILN) Global X Millennials - Ratings and Ratios

The Global X Millennials Consumer ETF (NASDAQ:MILN) is designed to provide exposure to U.S. companies that align with the consumption trends of the millennial generation, defined as individuals born between 1980 and 2000. The fund invests at least 80% of its total assets in the securities of its underlying index, which targets firms catering to millennial preferences in areas such as technology, consumer discretionary goods, and e-commerce. The ETF is structured as a large-growth fund, focusing on companies that are expected to benefit from the spending habits and lifestyle choices of this demographic group.

As of the latest data, MILN has an average 20-day trading volume of 7,596 shares, with a last price of $45.83. The funds short-term technical indicators show it trading below its 20-day SMA of $48.03 and 50-day SMA of $46.84, but above its 200-day SMA of $42.33. This suggests mid-term weakness but long-term upward momentum. The Average True Range (ATR) of 0.63 indicates moderate volatility. With assets under management (AUM) of $125.35 million, the ETF maintains a focused portfolio targeting millennial-driven consumer trends.