Global X Green Building ETF
GRNR
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Financial - Diversified
- Address
- 605 Third Avenue New York City NY United States of America 10158
- IPO Date
- Apr 18, 2022
- CIK
- 0001432353
- Similar Companies
- Business
- Global X Green Building ETF (GRNR) is an exchange-traded fund that seeks to provide investment results corresponding generally to the price and yield performance, before fees and expenses, of the Solactive Green Building Index; the index is designed to provide exposure to global companies positioned to benefit from increased demand for buildings that reduce or eliminate negative environmental impacts through green design, development, management, and related technologies. The fund invests at least 80% of its total assets in securities comprising the index, including American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs), focusing on firms involved in sustainable construction materials, energy-efficient systems, green certification services, and building retrofit solutions; it employs a market capitalization weighting scheme with holdings diversified across large, mid, and small-cap companies in the global environment theme segment. GRNR targets institutional and retail investors seeking thematic exposure to the green buildings sector, which represents opportunities in environmental sustainability amid rising regulatory and market demands for low-carbon infrastructure. Operated by Global X Management Company LLC, an affiliate of Mirae Asset Global Investments, the ETF was launched on April 11, 2022, and lists on the Nasdaq Stock Exchange; the issuer maintains headquarters in New York City at 605 Third Avenue and operates globally with offices across the United States, Europe, Asia, Latin America, and other regions. Geographic exposure of underlying holdings spans North America, Europe, Asia-Pacific, and emerging markets, reflecting the worldwide scope of green building activities. The fund pays dividends, with an annual rate of approximately $0.64 and a yield around 2.82% as of recent data. In a significant operational change, Global X Funds - Global X Green Building ETF ceased operations as of February 23, 2024, following low assets under management representing less than 1% of the issuer's total ETF portfolio; the Board of Trustees approved liquidation on January 19, 2024, with trading halted and final cash distributions to shareholders based on net asset value thereafter. No major partnerships, funding rounds, acquisitions, or new product launches specific to GRNR were reported in the last 1-2 years prior to closure. The termination aligns with Global X's portfolio optimization amid the competitive ETF landscape.