Global SuperDividend US ETF (NYSEARCA:DIV) Trading 0.2% Higher – Here’s Why

Global SuperDividend US ETF (NYSEARCA:DIV)’s stock price rose 0.2% during mid-day trading on Monday . The stock traded as high as $18.49 and last traded at $18.45. Approximately 98,603 shares were traded during trading, a decline of 36% from the average daily volume of 153,637 shares. The stock had previously closed at $18.41.

Global SuperDividend US ETF Stock Up 0.2 %

The business has a 50-day moving average of $18.47 and a 200-day moving average of $18.32. The stock has a market cap of $659.22 million, a price-to-earnings ratio of 9.29 and a beta of 0.74.

Institutional Investors Weigh In On Global SuperDividend US ETF

Several institutional investors have recently made changes to their positions in the company. Curran Financial Partners LLC increased its holdings in Global SuperDividend US ETF by 5.8% in the third quarter. Curran Financial Partners LLC now owns 289,333 shares of the company’s stock worth $5,408,000 after buying an additional 15,876 shares during the last quarter. Global X Japan Co. Ltd. grew its position in Global SuperDividend US ETF by 8.9% in the third quarter. Global X Japan Co. Ltd. now owns 255,885 shares of the company’s stock worth $4,782,000 after acquiring an additional 20,859 shares in the last quarter. Raymond James & Associates increased its stake in shares of Global SuperDividend US ETF by 8.7% during the 3rd quarter. Raymond James & Associates now owns 140,777 shares of the company’s stock worth $2,631,000 after purchasing an additional 11,236 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Global SuperDividend US ETF by 15.3% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 136,000 shares of the company’s stock valued at $2,535,000 after purchasing an additional 18,000 shares in the last quarter. Finally, SMART Wealth LLC raised its holdings in shares of Global SuperDividend US ETF by 20.1% during the 3rd quarter. SMART Wealth LLC now owns 123,828 shares of the company’s stock valued at $2,314,000 after purchasing an additional 20,709 shares in the last quarter.

About Global SuperDividend US ETF

The Global X SuperDividend U.S. ETF (DIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an equally weighted index of 50 high-dividend, low-volatility securities. DIV was launched on Mar 11, 2013 and is managed by Global X.