Global X SuperDividend ETF (NYSEARCA:SDIV) Share Price Crosses Below 200-Day Moving Average of $21.52

Global X SuperDividend ETF (NYSEARCA:SDIV)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $21.52 and traded as low as $21.24. Global X SuperDividend ETF shares last traded at $21.36, with a volume of 207,599 shares traded.

Global X SuperDividend ETF Trading Down 0.3 %

The business has a 50 day moving average of $21.31 and a 200-day moving average of $21.52. The stock has a market cap of $726.24 million, a PE ratio of 4.46 and a beta of 1.10.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. ORG Partners LLC purchased a new position in shares of Global X SuperDividend ETF in the 3rd quarter valued at approximately $180,000. Janney Montgomery Scott LLC grew its stake in shares of Global X SuperDividend ETF by 22.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 51,028 shares of the exchange traded fund’s stock valued at $1,118,000 after purchasing an additional 9,258 shares during the last quarter. UBS Group AG lifted its holdings in shares of Global X SuperDividend ETF by 8.8% in the 3rd quarter. UBS Group AG now owns 90,863 shares of the exchange traded fund’s stock valued at $1,991,000 after buying an additional 7,348 shares during the period. LPL Financial LLC lifted its holdings in shares of Global X SuperDividend ETF by 20.3% in the 3rd quarter. LPL Financial LLC now owns 529,282 shares of the exchange traded fund’s stock valued at $11,597,000 after buying an additional 89,240 shares during the period. Finally, Global Retirement Partners LLC lifted its holdings in shares of Global X SuperDividend ETF by 13.5% in the 3rd quarter. Global Retirement Partners LLC now owns 10,278 shares of the exchange traded fund’s stock valued at $213,000 after buying an additional 1,220 shares during the period.

About Global X SuperDividend ETF

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.