Global SuperDividend US ETF (NYSEARCA:DIV) Hits New 52-Week High – Here’s What Happened

Global SuperDividend US ETF (NYSEARCA:DIV) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $18.83 and last traded at $18.78, with a volume of 81914 shares trading hands. The stock had previously closed at $18.78.

Global SuperDividend US ETF Stock Performance

The firm has a market capitalization of $667.79 million, a price-to-earnings ratio of 9.29 and a beta of 0.74. The business’s 50-day moving average is $18.50 and its two-hundred day moving average is $17.85.

Institutional Trading of Global SuperDividend US ETF

Several hedge funds have recently bought and sold shares of the stock. AE Wealth Management LLC raised its holdings in Global SuperDividend US ETF by 3.2% during the 2nd quarter. AE Wealth Management LLC now owns 1,159,532 shares of the company’s stock worth $20,002,000 after buying an additional 35,640 shares during the period. Curran Financial Partners LLC raised its holdings in Global SuperDividend US ETF by 5.8% during the 3rd quarter. Curran Financial Partners LLC now owns 289,333 shares of the company’s stock worth $5,408,000 after buying an additional 15,876 shares during the period. Global X Japan Co. Ltd. raised its holdings in Global SuperDividend US ETF by 8.9% during the 3rd quarter. Global X Japan Co. Ltd. now owns 255,885 shares of the company’s stock worth $4,782,000 after buying an additional 20,859 shares during the period. Raymond James & Associates raised its holdings in Global SuperDividend US ETF by 8.7% during the 3rd quarter. Raymond James & Associates now owns 140,777 shares of the company’s stock worth $2,631,000 after buying an additional 11,236 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in Global SuperDividend US ETF by 15.3% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 136,000 shares of the company’s stock worth $2,535,000 after buying an additional 18,000 shares during the period.

About Global SuperDividend US 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.