Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) Stock Price Down 0% – Time to Sell?

Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) traded down 0% on Thursday . The stock traded as low as $29.67 and last traded at $29.77. 9,844 shares changed hands during trading, an increase of 12% from the average session volume of 8,787 shares. The stock had previously closed at $29.78.

Global X MSCI SuperDividend Emerging Markets ETF Price Performance

The stock has a market cap of $39.30 million, a P/E ratio of 8.53 and a beta of 0.62. The stock’s 50-day moving average is $29.27 and its two-hundred day moving average is $28.18.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Global X MSCI SuperDividend Emerging Markets ETF stock. Flow Traders U.S. LLC acquired a new position in Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 64,767 shares of the company’s stock, valued at approximately $1,672,000. Flow Traders U.S. LLC owned approximately 4.63% of Global X MSCI SuperDividend Emerging Markets ETF at the end of the most recent reporting period.

Global X MSCI SuperDividend Emerging Markets ETF Company Profile

The Global X MSCI SuperDividend Emerging Markets ETF (SDEM) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund follows an equal-weighted index of emerging market countries. The index selects stocks by highest dividend yield, excluding those ranking low on price return.