Cambridge Investment Research Advisors Inc. Purchases 1,699 Shares of Global X Video Games & Esports ETF (NASDAQ:HERO)

Cambridge Investment Research Advisors Inc. boosted its stake in shares of Global X Video Games & Esports ETF (NASDAQ:HERO) by 15.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,492 shares of the company’s stock after purchasing an additional 1,699 shares during the quarter. Cambridge Investment Research Advisors Inc. owned 0.32% of Global X Video Games & Esports ETF worth $312,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in Global X Video Games & Esports ETF during the 4th quarter valued at $230,000. NewEdge Advisors LLC raised its stake in shares of Global X Video Games & Esports ETF by 3,111.6% in the 4th quarter. NewEdge Advisors LLC now owns 10,566 shares of the company’s stock valued at $248,000 after buying an additional 10,237 shares in the last quarter. LPL Financial LLC raised its stake in shares of Global X Video Games & Esports ETF by 5.6% in the 4th quarter. LPL Financial LLC now owns 160,196 shares of the company’s stock valued at $3,761,000 after buying an additional 8,501 shares in the last quarter. Creative Financial Designs Inc. ADV raised its stake in shares of Global X Video Games & Esports ETF by 135.7% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 16,101 shares of the company’s stock valued at $378,000 after buying an additional 9,270 shares in the last quarter. Finally, BNP Paribas bought a new stake in shares of Global X Video Games & Esports ETF in the 4th quarter worth about $70,000. 82.58% of the stock is currently owned by institutional investors and hedge funds.

Global X Video Games & Esports ETF Stock Performance

HERO opened at $31.09 on Friday. The firm’s 50-day simple moving average is $30.34 and its 200-day simple moving average is $27.09. Global X Video Games & Esports ETF has a twelve month low of $20.21 and a twelve month high of $33.00. The firm has a market cap of $150.79 million, a price-to-earnings ratio of 22.89 and a beta of 0.78.

Global X Video Games & Esports ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, July 7th. Shareholders of record on Friday, June 27th were issued a dividend of $0.1496 per share. The ex-dividend date was Friday, June 27th.

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.