Global X SuperDividend ETF (NYSEARCA:SDIV) Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its holdings in Global X SuperDividend ETF (NYSEARCA:SDIV) by 40.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,069 shares of the exchange traded fund’s stock after purchasing an additional 17,921 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.17% of Global X SuperDividend ETF worth $1,302,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Ameritas Advisory Services LLC lifted its stake in Global X SuperDividend ETF by 13.1% in the first quarter. Ameritas Advisory Services LLC now owns 35,253 shares of the exchange traded fund’s stock valued at $739,000 after buying an additional 4,072 shares during the last quarter. Spire Wealth Management increased its holdings in shares of Global X SuperDividend ETF by 205.1% in the 1st quarter. Spire Wealth Management now owns 3,570 shares of the exchange traded fund’s stock worth $75,000 after acquiring an additional 2,400 shares during the period. Cambridge Investment Research Advisors Inc. lifted its position in Global X SuperDividend ETF by 30.3% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 116,390 shares of the exchange traded fund’s stock valued at $2,441,000 after purchasing an additional 27,094 shares during the last quarter. Kingswood Wealth Advisors LLC bought a new stake in Global X SuperDividend ETF in the 1st quarter valued at about $663,000. Finally, Kingstone Capital Partners Texas LLC acquired a new position in Global X SuperDividend ETF during the 1st quarter valued at about $224,000.

Global X SuperDividend ETF Stock Down 0.8%

Shares of SDIV stock opened at $22.91 on Friday. The stock has a 50-day simple moving average of $22.63 and a 200 day simple moving average of $21.41. The stock has a market capitalization of $896.45 million, a P/E ratio of 8.00 and a beta of 1.10. Global X SuperDividend ETF has a fifty-two week low of $17.87 and a fifty-two week high of $24.12.

About Global X SuperDividend ETF

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.