Envestnet Asset Management Inc. Has $1.75 Million Position in Global X Video Games & Esports ETF (NASDAQ:HERO)

Envestnet Asset Management Inc. decreased its position in shares of Global X Video Games & Esports ETF (NASDAQ:HERO) by 2.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 74,563 shares of the company’s stock after selling 2,184 shares during the quarter. Envestnet Asset Management Inc. owned about 1.79% of Global X Video Games & Esports ETF worth $1,751,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC lifted its position in Global X Video Games & Esports ETF by 435.1% in the 4th quarter. Wealthfront Advisers LLC now owns 45,369 shares of the company’s stock valued at $1,065,000 after acquiring an additional 36,890 shares in the last quarter. U.S. Capital Wealth Advisors LLC bought a new position in Global X Video Games & Esports ETF in the 4th quarter valued at $480,000. Archford Capital Strategies LLC boosted its holdings in Global X Video Games & Esports ETF by 157.8% in the 4th quarter. Archford Capital Strategies LLC now owns 30,230 shares of the company’s stock valued at $710,000 after purchasing an additional 18,503 shares during the period. Raymond James Financial Inc. bought a new position in shares of Global X Video Games & Esports ETF during the 4th quarter valued at about $230,000. Finally, Creative Financial Designs Inc. ADV increased its position in shares of Global X Video Games & Esports ETF by 135.7% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 16,101 shares of the company’s stock valued at $378,000 after purchasing an additional 9,270 shares during the last quarter. Institutional investors own 82.58% of the company’s stock.

Global X Video Games & Esports ETF Trading Up 0.9 %

Shares of Global X Video Games & Esports ETF stock opened at $27.45 on Tuesday. The firm has a market capitalization of $108.41 million, a PE ratio of 24.10 and a beta of 0.78. The business’s 50-day moving average price is $25.82 and its 200-day moving average price is $24.74. Global X Video Games & Esports ETF has a 12 month low of $19.39 and a 12 month high of $27.53.

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.