Global X SuperDividend ETF (NYSEARCA:SDIV) Sees Large Volume Increase

Shares of Global X SuperDividend ETF (NYSEARCA:SDIVGet Free Report) saw unusually-strong trading volume on Wednesday . Approximately 79,813 shares traded hands during trading, a decline of 66% from the previous session’s volume of 233,910 shares.The stock last traded at $22.05 and had previously closed at $22.17.

Global X SuperDividend ETF Stock Performance

The firm’s fifty day simple moving average is $22.29 and its 200-day simple moving average is $21.85. The stock has a market cap of $778.53 million, a P/E ratio of 3.72 and a beta of 0.93.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SDIV. International Assets Investment Management LLC lifted its position in shares of Global X SuperDividend ETF by 9.7% during the 1st quarter. International Assets Investment Management LLC now owns 15,363 shares of the exchange traded fund’s stock valued at $331,000 after acquiring an additional 1,354 shares during the period. Founders Financial Alliance LLC lifted its position in shares of Global X SuperDividend ETF by 19.6% during the 4th quarter. Founders Financial Alliance LLC now owns 11,888 shares of the exchange traded fund’s stock valued at $268,000 after acquiring an additional 1,949 shares during the period. Harvest Investment Services LLC lifted its position in shares of Global X SuperDividend ETF by 9.0% during the 4th quarter. Harvest Investment Services LLC now owns 27,510 shares of the exchange traded fund’s stock valued at $620,000 after acquiring an additional 2,276 shares during the period. Janney Montgomery Scott LLC lifted its position in shares of Global X SuperDividend ETF by 7.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 55,027 shares of the exchange traded fund’s stock valued at $1,241,000 after acquiring an additional 3,999 shares during the period. Finally, Western Wealth Management LLC lifted its position in shares of Global X SuperDividend ETF by 60.7% during the 4th quarter. Western Wealth Management LLC now owns 16,201 shares of the exchange traded fund’s stock valued at $365,000 after acquiring an additional 6,121 shares during the period.

Global X SuperDividend ETF Company Profile

(Get Free Report)

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.

Further Reading

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