LPL Financial LLC Has $2.88 Million Stock Position in Global X Video Games & Esports ETF (NASDAQ:HERO)

LPL Financial LLC lifted its stake in Global X Video Games & Esports ETF (NASDAQ:HERO) by 127.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 141,415 shares of the company’s stock after acquiring an additional 79,250 shares during the quarter. LPL Financial LLC owned approximately 1.63% of Global X Video Games & Esports ETF worth $2,876,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of HERO. Rockefeller Capital Management L.P. increased its position in shares of Global X Video Games & Esports ETF by 641.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,445 shares of the company’s stock valued at $27,000 after acquiring an additional 1,250 shares during the last quarter. Oxford Financial Group Ltd. bought a new position in Global X Video Games & Esports ETF during the fourth quarter worth about $36,000. Colony Group LLC bought a new position in Global X Video Games & Esports ETF during the second quarter worth about $300,000. Archford Capital Strategies LLC grew its holdings in Global X Video Games & Esports ETF by 5.6% during the first quarter. Archford Capital Strategies LLC now owns 15,033 shares of the company’s stock worth $305,000 after purchasing an additional 799 shares during the period. Finally, UBS Group AG grew its holdings in Global X Video Games & Esports ETF by 9.8% during the second quarter. UBS Group AG now owns 14,795 shares of the company’s stock worth $309,000 after purchasing an additional 1,322 shares during the period. Institutional investors and hedge funds own 82.58% of the company’s stock.

Global X Video Games & Esports ETF Stock Performance

Global X Video Games & Esports ETF stock opened at $19.69 on Wednesday. Global X Video Games & Esports ETF has a 52 week low of $16.57 and a 52 week high of $21.57. The stock has a market capitalization of $168.35 million, a P/E ratio of 28.88 and a beta of 0.78. The stock has a 50-day simple moving average of $20.27 and a 200 day simple moving average of $20.21.

Global X Video Games & Esports ETF Increases Dividend

The firm also recently declared a Semi-Annual dividend, which was paid on Monday, July 10th. Investors of record on Friday, June 30th were issued a dividend of $0.027 per share. The ex-dividend date of this dividend was Thursday, June 29th. This is a boost from Global X Video Games & Esports ETF’s previous Semi-Annual dividend of $0.01.

About Global X Video Games & Esports ETF

The Global X Video Games & Esports ETF (HERO) is an exchange-traded fund that is based on the Solactive Video Games & Esports index, a modified market-cap-weighted global index of companies in video games and esports industry. HERO was launched on Oct 25, 2019 and is managed by Global X.