Global X SuperDividend ETF (NYSEARCA:SDIV) Share Price Passes Below 200 Day Moving Average – Here’s Why

Global X SuperDividend ETF (NYSEARCA:SDIVGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $22.37 and traded as low as $22.15. Global X SuperDividend ETF shares last traded at $22.23, with a volume of 259,676 shares trading hands.

Global X SuperDividend ETF Trading Down 1.3 %

The stock has a market capitalization of $771.85 million, a PE ratio of 3.72 and a beta of 0.93. The firm has a 50 day moving average of $22.63 and a two-hundred day moving average of $22.38.

Institutional Investors Weigh In On Global X SuperDividend ETF

Several hedge funds have recently made changes to their positions in the business. Farther Finance Advisors LLC boosted its holdings in Global X SuperDividend ETF by 45.8% in the third quarter. Farther Finance Advisors LLC now owns 2,266 shares of the exchange traded fund’s stock valued at $53,000 after acquiring an additional 712 shares during the last quarter. Founders Financial Alliance LLC boosted its holdings in Global X SuperDividend ETF by 10.5% in the second quarter. Founders Financial Alliance LLC now owns 15,124 shares of the exchange traded fund’s stock valued at $333,000 after acquiring an additional 1,431 shares during the last quarter. Howe & Rusling Inc. acquired a new position in Global X SuperDividend ETF in the third quarter valued at $35,000. NewEdge Advisors LLC boosted its holdings in Global X SuperDividend ETF by 5.8% in the second quarter. NewEdge Advisors LLC now owns 45,585 shares of the exchange traded fund’s stock valued at $1,004,000 after acquiring an additional 2,490 shares during the last quarter. Finally, Blue Chip Partners LLC acquired a new position in Global X SuperDividend ETF in the second quarter valued at $103,000.

Global X SuperDividend ETF Company Profile

(Get Free Report)

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.

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