Raymond James Financial Services Advisors Inc. Sells 22,929 Shares of Global X SuperDividend ETF (NYSEARCA:SDIV)

Raymond James Financial Services Advisors Inc. lessened its holdings in Global X SuperDividend ETF (NYSEARCA:SDIV) by 27.9% in the fourth quarter, Holdings Channel reports. The firm owned 59,244 shares of the exchange traded fund’s stock after selling 22,929 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Global X SuperDividend ETF were worth $1,336,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Money Concepts Capital Corp bought a new position in Global X SuperDividend ETF in the 4th quarter valued at $34,000. AlphaMark Advisors LLC bought a new position in Global X SuperDividend ETF in the 3rd quarter valued at $36,000. Fortis Capital Advisors LLC bought a new position in Global X SuperDividend ETF in the 4th quarter valued at $37,000. Comerica Bank bought a new position in Global X SuperDividend ETF in the 3rd quarter valued at $52,000. Finally, Retirement Group LLC bought a new position in Global X SuperDividend ETF in the 4th quarter valued at $57,000.

Global X SuperDividend ETF Price Performance

Shares of NYSEARCA:SDIV opened at $21.04 on Friday. The company has a market capitalization of $715.36 million, a PE ratio of 4.46 and a beta of 1.10. Global X SuperDividend ETF has a 1 year low of $20.06 and a 1 year high of $23.85. The business has a fifty day moving average price of $21.27 and a two-hundred day moving average price of $21.49.

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.