ES4 LLC bought a new stake in shares of Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA – Free Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 32,488 shares of the company’s stock, valued at approximately $595,000. Global X FTSE Southeast Asia ETF accounts for 0.4% of ES4 LLC’s investment portfolio, making the stock its 23rd biggest position.
Several other hedge funds have also recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its stake in Global X FTSE Southeast Asia ETF by 13.1% during the 3rd quarter. Bank of America Corp DE now owns 8,443 shares of the company’s stock valued at $144,000 after purchasing an additional 980 shares during the period. Algorithmic Investment Models LLC boosted its stake in Global X FTSE Southeast Asia ETF by 5.0% during the 3rd quarter. Algorithmic Investment Models LLC now owns 62,762 shares of the company’s stock valued at $1,073,000 after purchasing an additional 2,961 shares during the period. Colonial Trust Advisors bought a new stake in Global X FTSE Southeast Asia ETF during the 4th quarter valued at approximately $56,000. Kestra Advisory Services LLC bought a new stake in Global X FTSE Southeast Asia ETF during the 4th quarter valued at approximately $57,000. Finally, TD Waterhouse Canada Inc. bought a new stake in Global X FTSE Southeast Asia ETF during the 4th quarter valued at approximately $80,000.
Global X FTSE Southeast Asia ETF Stock Up 0.7%
Shares of NYSEARCA:ASEA opened at $19.93 on Friday. The business has a 50 day moving average price of $19.76 and a 200 day moving average price of $19.36. Global X FTSE Southeast Asia ETF has a twelve month low of $16.04 and a twelve month high of $20.70. The company has a market cap of $97.26 million, a price-to-earnings ratio of 12.26 and a beta of 0.43.
Global X FTSE Southeast Asia ETF Company Profile
The Global X FTSE Southeast Asia ETF (ASEA) is an exchange-traded fund that is based on the FTSE\u002FASEAN 40 INDEX index. The fund tracks a market-cap weighted and -selected index of the 40 largest and most liquid stocks from Singapore, Malaysia, Indonesia, Thailand and the Philippines. ASEA was launched on Feb 17, 2011 and is managed by Global X.
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Want to see what other hedge funds are holding ASEA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA – Free Report).
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