Global X SuperDividend ETF (NYSEARCA:SDIV) Sets New 52-Week High at $23.68

Global X SuperDividend ETF (NYSEARCA:SDIV) shares hit a new 52-week high during trading on Monday . The stock traded as high as $23.68 and last traded at $23.68, with a volume of 2800 shares trading hands. The stock had previously closed at $23.51.

Global X SuperDividend ETF Stock Performance

The company has a market capitalization of $833.06 million, a price-to-earnings ratio of 3.72 and a beta of 0.93. The company has a 50 day moving average price of $22.32 and a 200 day moving average price of $22.10.

Hedge Funds Weigh In On Global X SuperDividend ETF

Large investors have recently modified their holdings of the company. Strategic Financial Concepts LLC acquired a new position in Global X SuperDividend ETF during the 2nd quarter valued at about $262,000. Renaissance Technologies LLC purchased a new position in shares of Global X SuperDividend ETF during the second quarter valued at approximately $1,387,000. Janney Montgomery Scott LLC grew its holdings in Global X SuperDividend ETF by 88.7% during the first quarter. Janney Montgomery Scott LLC now owns 103,831 shares of the exchange traded fund’s stock worth $2,248,000 after buying an additional 48,804 shares in the last quarter. Waterloo Capital L.P. purchased a new stake in Global X SuperDividend ETF in the 4th quarter valued at $733,000. Finally, Cambridge Investment Research Advisors Inc. lifted its stake in Global X SuperDividend ETF by 128.5% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 52,300 shares of the exchange traded fund’s stock valued at $1,152,000 after acquiring an additional 29,416 shares in the last quarter.

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.