Global X SuperDividend ETF (NYSEARCA:SDIV) Stock Passes Below 200 Day Moving Average of $21.83

Global X SuperDividend ETF (NYSEARCA:SDIV)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $21.83 and traded as low as $21.51. Global X SuperDividend ETF shares last traded at $21.72, with a volume of 132,313 shares trading hands.

Global X SuperDividend ETF Price Performance

The firm has a market capitalization of $765.52 million, a P/E ratio of 3.72 and a beta of 0.93. The firm’s fifty day moving average price is $22.17 and its 200-day moving average price is $21.83.

Institutional Investors Weigh In On Global X SuperDividend ETF

Institutional investors and hedge funds have recently modified their holdings of the business. International Assets Investment Management LLC grew its stake in shares of Global X SuperDividend ETF by 9.7% in the first quarter. International Assets Investment Management LLC now owns 15,363 shares of the exchange traded fund’s stock worth $331,000 after acquiring an additional 1,354 shares during the last quarter. Founders Financial Alliance LLC raised its position in Global X SuperDividend ETF by 19.6% in the fourth quarter. Founders Financial Alliance LLC now owns 11,888 shares of the exchange traded fund’s stock worth $268,000 after purchasing an additional 1,949 shares in the last quarter. Harvest Investment Services LLC lifted its stake in Global X SuperDividend ETF by 9.0% during the fourth quarter. Harvest Investment Services LLC now owns 27,510 shares of the exchange traded fund’s stock worth $620,000 after purchasing an additional 2,276 shares during the period. Janney Montgomery Scott LLC boosted its holdings in Global X SuperDividend ETF by 7.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 55,027 shares of the exchange traded fund’s stock valued at $1,241,000 after purchasing an additional 3,999 shares in the last quarter. Finally, Blue Chip Partners LLC bought a new stake in shares of Global X SuperDividend ETF in the 2nd quarter valued at approximately $103,000.

Global X SuperDividend ETF Company Profile

The Global X SuperDividend ETF (SDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an equal-weighted index of 100 global securities with high yields. SDIV was launched on Jun 8, 2011 and is managed by Global X.