Global SuperDividend US ETF (NYSEARCA:DIV) Hits New 52-Week High – Here’s What Happened

Global SuperDividend US ETF (NYSEARCA:DIV)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $18.83 and last traded at $18.78, with a volume of 81914 shares changing hands. The stock had previously closed at $18.78.

Global SuperDividend US ETF Price Performance

The firm’s 50 day moving average is $18.50 and its two-hundred day moving average is $17.85. The firm has a market capitalization of $667.79 million, a P/E ratio of 9.29 and a beta of 0.74.

Hedge Funds Weigh In On Global SuperDividend US ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cetera Advisors LLC acquired a new stake in shares of Global SuperDividend US ETF during the first quarter worth $268,000. Raymond James & Associates lifted its holdings in shares of Global SuperDividend US ETF by 8.7% during the third quarter. Raymond James & Associates now owns 140,777 shares of the company’s stock worth $2,631,000 after buying an additional 11,236 shares in the last quarter. B.O.S.S. Retirement Advisors LLC raised its stake in Global SuperDividend US ETF by 126.4% in the third quarter. B.O.S.S. Retirement Advisors LLC now owns 24,235 shares of the company’s stock valued at $453,000 after purchasing an additional 13,529 shares in the last quarter. J.W. Cole Advisors Inc. raised its stake in Global SuperDividend US ETF by 16.7% in the second quarter. J.W. Cole Advisors Inc. now owns 14,239 shares of the company’s stock valued at $246,000 after purchasing an additional 2,042 shares in the last quarter. Finally, Foundations Investment Advisors LLC raised its stake in Global SuperDividend US ETF by 8.8% in the third quarter. Foundations Investment Advisors LLC now owns 21,039 shares of the company’s stock valued at $393,000 after purchasing an additional 1,703 shares in the last quarter.

Global SuperDividend US ETF Company Profile

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.