Mirae Asset Global Investments Co. Ltd. Makes New Investment in Global X Video Games & Esports ETF $HERO

Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Global X Video Games & Esports ETF (NASDAQ:HERO) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 4,500 shares of the company’s stock, valued at approximately $147,000. Mirae Asset Global Investments Co. Ltd. owned 0.09% of Global X Video Games & Esports ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in HERO. OLD Mission Capital LLC purchased a new stake in Global X Video Games & Esports ETF in the first quarter worth about $224,000. HBW Advisory Services LLC bought a new stake in shares of Global X Video Games & Esports ETF in the 2nd quarter valued at about $224,000. Perigon Wealth Management LLC bought a new stake in shares of Global X Video Games & Esports ETF in the 2nd quarter valued at about $261,000. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Global X Video Games & Esports ETF by 15.7% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 12,492 shares of the company’s stock valued at $312,000 after purchasing an additional 1,699 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC raised its holdings in shares of Global X Video Games & Esports ETF by 26.5% in the 1st quarter. U.S. Capital Wealth Advisors LLC now owns 25,871 shares of the company’s stock valued at $645,000 after purchasing an additional 5,419 shares in the last quarter. Institutional investors own 82.58% of the company’s stock.

Global X Video Games & Esports ETF Stock Down 3.7%

Shares of HERO stock opened at $32.12 on Friday. The firm has a market cap of $162.53 million, a price-to-earnings ratio of 22.89 and a beta of 0.78. The company’s 50 day moving average is $33.25 and its 200 day moving average is $30.59. Global X Video Games & Esports ETF has a 52-week low of $22.03 and a 52-week high of $34.68.

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.