Shares of Global X SuperDividend U.S. ETF (NYSEARCA:DIV – Get Free Report) saw unusually-high trading volume on Monday. Approximately 444,408 shares changed hands during mid-day trading, an increase of 73% from the average daily volume of 257,323 shares. The stock last traded at $19.4450 and had previously closed at $19.43.
Global X SuperDividend U.S. ETF Trading Down 0.3%
The firm has a market capitalization of $774.95 million, a P/E ratio of 11.57 and a beta of 0.60. The stock’s 50-day simple moving average is $19.33 and its 200-day simple moving average is $19.23.
Hedge Funds Weigh In On Global X SuperDividend U.S. ETF
A number of hedge funds and other institutional investors have recently modified their holdings of DIV. Rhodes Investment Advisors Inc. ADV boosted its position in Global X SuperDividend U.S. ETF by 7.4% in the third quarter. Rhodes Investment Advisors Inc. ADV now owns 31,048 shares of the company’s stock worth $584,000 after purchasing an additional 2,149 shares during the last quarter. Fifth Third Bancorp bought a new position in Global X SuperDividend U.S. ETF in the 1st quarter worth approximately $42,000. Concurrent Investment Advisors LLC grew its position in shares of Global X SuperDividend U.S. ETF by 13.7% in the second quarter. Concurrent Investment Advisors LLC now owns 23,039 shares of the company’s stock valued at $439,000 after purchasing an additional 2,777 shares in the last quarter. Compass Financial Management LLC purchased a new stake in Global X SuperDividend U.S. ETF during the 2nd quarter worth about $63,000. Finally, Envestnet Asset Management Inc. boosted its position in shares of Global X SuperDividend U.S. ETF by 6.7% in the second quarter. Envestnet Asset Management Inc. now owns 57,454 shares of the company’s stock valued at $1,094,000 after acquiring an additional 3,615 shares during the period.
About Global X SuperDividend U.S. ETF
The Global X SuperDividend U.S. ETF (DIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an equally weighted index of 50 high-dividend, low-volatility securities. DIV was launched on Mar 11, 2013 and is managed by Global X.
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