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

Global X SuperDividend U.S. ETF (NYSEARCA:DIVGet Free Report) saw strong trading volume on Monday . 1,753,774 shares traded hands during mid-day trading, an increase of 475% from the previous session’s volume of 304,994 shares.The stock last traded at $17.7850 and had previously closed at $17.71.

Global X SuperDividend U.S. ETF Trading Up 0.5%

The stock has a 50-day simple moving average of $17.49 and a two-hundred day simple moving average of $17.56. The firm has a market capitalization of $670.15 million, a P/E ratio of 11.57 and a beta of 0.67.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in DIV. LifeWealth Investments LLC raised its stake in shares of Global X SuperDividend U.S. ETF by 2.5% in the third quarter. LifeWealth Investments LLC now owns 30,440 shares of the company’s stock valued at $538,000 after acquiring an additional 751 shares in the last quarter. Good Life Advisors LLC increased its position in Global X SuperDividend U.S. ETF by 3.6% during the 2nd quarter. Good Life Advisors LLC now owns 23,339 shares of the company’s stock worth $410,000 after purchasing an additional 815 shares during the period. Squire Investment Management Company LLC lifted its stake in shares of Global X SuperDividend U.S. ETF by 5.9% in the third quarter. Squire Investment Management Company LLC now owns 14,924 shares of the company’s stock valued at $264,000 after purchasing an additional 835 shares during the period. Sequent Planning LLC grew its position in Global X SuperDividend U.S. ETF by 6.6% during the third quarter. Sequent Planning LLC now owns 13,908 shares of the company’s stock worth $246,000 after buying an additional 861 shares during the period. Finally, Farther Finance Advisors LLC increased its holdings in Global X SuperDividend U.S. ETF by 4.3% in the second quarter. Farther Finance Advisors LLC now owns 22,080 shares of the company’s stock valued at $388,000 after buying an additional 907 shares in the last quarter.

About Global X SuperDividend U.S. ETF

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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.

Further Reading

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