Globus Medical Shares Sold by Exchange Traded Concepts

Institutional investor reduces stake in medical device company

Mar. 29, 2026 at 7:52am

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Exchange Traded Concepts LLC, an institutional investor, reduced its position in Globus Medical, Inc. (NYSE:GMED) by 13.6% in the fourth quarter, according to a recent SEC filing. The firm now owns 202,419 shares of the medical device company's stock, valued at $17,673,000.

Why it matters

Globus Medical is a leading manufacturer of spinal implants and surgical instruments. Institutional ownership and trading activity can provide insights into market sentiment and the overall performance of the company.

The details

Exchange Traded Concepts sold 31,803 shares of Globus Medical stock during the fourth quarter, reducing its total stake to 202,419 shares. The firm previously owned about 0.15% of the company's outstanding shares.

  • Exchange Traded Concepts filed the SEC report in the 4th quarter of 2026.

The players

Exchange Traded Concepts LLC

An institutional investor that manages exchange-traded funds and other investment products.

Globus Medical, Inc.

A leading medical device company that specializes in musculoskeletal solutions for spine and orthopedic applications.

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The takeaway

The reduction in Globus Medical's institutional ownership by Exchange Traded Concepts suggests that the investment firm may have a more cautious outlook on the company's near-term prospects, though Globus Medical remains a well-regarded player in the medical device industry.