Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM – Get Free Report)’s stock price shot up 1.9% during trading on Thursday . The company traded as high as $33.44 and last traded at $33.44. Approximately 3,197 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 7,880 shares. The stock had previously closed at $32.82.
Global X MSCI SuperDividend Emerging Markets ETF Price Performance
The company’s 50-day moving average price is $32.49 and its two-hundred day moving average price is $32.54. The company has a market capitalization of $44.95 million, a price-to-earnings ratio of 8.53 and a beta of 0.51.
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. SDEM was launched on Mar 17, 2015 and is managed by Global X.
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