Global X SuperDividend ETF (NYSEARCA:SDIV) Stock Price Crosses Below 200 Day Moving Average of $22.64

Global X SuperDividend ETF (NYSEARCA:SDIV)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $22.64 and traded as low as $22.16. Global X SuperDividend ETF shares last traded at $22.17, with a volume of 141,593 shares.

Global X SuperDividend ETF Stock Down 0.6 %

The company has a fifty day simple moving average of $22.67 and a two-hundred day simple moving average of $22.64. The stock has a market capitalization of $753.78 million, a P/E ratio of 4.46 and a beta of 1.10.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of SDIV. Householder Group Estate & Retirement Specialist LLC bought a new position in Global X SuperDividend ETF during the first quarter worth $32,000. Money Concepts Capital Corp acquired a new stake in Global X SuperDividend ETF during the 4th quarter worth approximately $34,000. Millburn Ridgefield Corp increased its stake in shares of Global X SuperDividend ETF by 87.1% in the first quarter. Millburn Ridgefield Corp now owns 1,570 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 731 shares during the period. Fortis Capital Advisors LLC acquired a new stake in shares of Global X SuperDividend ETF during the fourth quarter worth $37,000. Finally, Belpointe Asset Management LLC acquired a new stake in Global X SuperDividend ETF during the fourth quarter worth approximately $38,000.

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.