Global X SuperDividend U.S. ETF (NYSEARCA:DIV) Sees Strong Trading Volume – Here’s Why

Global X SuperDividend U.S. ETF (NYSEARCA:DIVGet Free Report) shares saw unusually-high trading volume on Thursday . Approximately 426,506 shares changed hands during trading, an increase of 118% from the previous session’s volume of 196,022 shares.The stock last traded at $17.6150 and had previously closed at $17.58.

Global X SuperDividend U.S. ETF Price Performance

The company has a market capitalization of $641.49 million, a P/E ratio of 11.57 and a beta of 0.67. The business has a 50 day simple moving average of $17.37 and a 200-day simple moving average of $17.58.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. FUKOKU MUTUAL LIFE INSURANCE Co increased its position in shares of Global X SuperDividend U.S. ETF by 27.0% during the 2nd quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 1,873,000 shares of the company’s stock valued at $32,927,000 after purchasing an additional 398,000 shares during the period. AE Wealth Management LLC grew its holdings in Global X SuperDividend U.S. ETF by 7.4% during the third quarter. AE Wealth Management LLC now owns 1,074,027 shares of the company’s stock worth $19,000,000 after acquiring an additional 74,422 shares during the period. Global X Japan Co. Ltd. raised its position in Global X SuperDividend U.S. ETF by 31.7% in the third quarter. Global X Japan Co. Ltd. now owns 558,957 shares of the company’s stock worth $9,888,000 after acquiring an additional 134,506 shares in the last quarter. Wealthfront Advisers LLC lifted its holdings in Global X SuperDividend U.S. ETF by 4.5% in the 3rd quarter. Wealthfront Advisers LLC now owns 318,184 shares of the company’s stock valued at $5,629,000 after acquiring an additional 13,647 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Global X SuperDividend U.S. ETF by 526.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 264,502 shares of the company’s stock valued at $4,650,000 after purchasing an additional 222,313 shares in the last quarter.

Global X SuperDividend U.S. ETF Company Profile

(Get Free Report)

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.

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