Bank of America Corp DE Reduces Stock Holdings in Global X Video Games & Esports ETF (NASDAQ:HERO)

Bank of America Corp DE trimmed its holdings in shares of Global X Video Games & Esports ETF (NASDAQ:HERO) by 2.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 437,808 shares of the company’s stock after selling 12,958 shares during the quarter. Bank of America Corp DE owned 10.50% of Global X Video Games & Esports ETF worth $10,280,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BNP Paribas acquired a new stake in Global X Video Games & Esports ETF during the 4th quarter worth about $70,000. SBI Securities Co. Ltd. acquired a new stake in Global X Video Games & Esports ETF during the 4th quarter worth about $164,000. Raymond James Financial Inc. acquired a new stake in Global X Video Games & Esports ETF during the 4th quarter worth about $230,000. NewEdge Advisors LLC lifted its position in Global X Video Games & Esports ETF by 3,111.6% during the 4th quarter. NewEdge Advisors LLC now owns 10,566 shares of the company’s stock worth $248,000 after acquiring an additional 10,237 shares during the period. Finally, Creative Financial Designs Inc. ADV lifted its position in 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 worth $378,000 after acquiring an additional 9,270 shares during the period. 82.58% of the stock is currently owned by hedge funds and other institutional investors.

Global X Video Games & Esports ETF Stock Performance

Shares of HERO opened at $28.89 on Friday. The stock has a 50-day moving average of $26.72 and a two-hundred day moving average of $25.41. Global X Video Games & Esports ETF has a one year low of $20.21 and a one year high of $29.20. The stock has a market cap of $114.12 million, a P/E ratio of 24.16 and a beta of 0.78.

Global X Video Games & Esports ETF Profile

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.