Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) Shares Down 0.9% – Time to Sell?

Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFASGet Free Report) traded down 0.9% on Thursday . The company traded as low as $23.11 and last traded at $23.19. Approximately 15,481 shares traded hands during trading, a decline of 27% from the average daily volume of 21,230 shares. The stock had previously closed at $23.39.

Global X MSCI SuperDividend EAFE ETF Stock Down 0.9%

The firm has a market capitalization of $53.57 million, a PE ratio of 11.91 and a beta of 0.57. The firm’s fifty day simple moving average is $22.35 and its 200-day simple moving average is $21.76.

Global X MSCI SuperDividend EAFE ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, August 12th. Stockholders of record on Wednesday, August 5th were paid a $0.09 dividend. The ex-dividend date was Wednesday, August 5th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. 3EDGE Asset Management LP lifted its holdings in shares of Global X MSCI SuperDividend EAFE ETF by 6.6% during the 4th quarter. 3EDGE Asset Management LP now owns 189,165 shares of the company’s stock valued at $3,671,000 after buying an additional 11,738 shares during the period. Orion Porfolio Solutions LLC grew its stake in shares of Global X MSCI SuperDividend EAFE ETF by 236.1% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 45,069 shares of the company’s stock valued at $852,000 after acquiring an additional 31,658 shares during the period. Encompass More Asset Management bought a new position in shares of Global X MSCI SuperDividend EAFE ETF in the fourth quarter worth approximately $599,000. Cetera Investment Advisers increased its stake in shares of Global X MSCI SuperDividend EAFE ETF by 52.0% in the first quarter. Cetera Investment Advisers now owns 30,021 shares of the company’s stock worth $636,000 after purchasing an additional 10,270 shares in the last quarter. Finally, Susquehanna International Group LLP bought a new position in Global X MSCI SuperDividend EAFE ETF in the 3rd quarter worth $362,000.

Global X MSCI SuperDividend EAFE ETF Company Profile

(Get Free Report)

The Global X MSCI SuperDividend EAFE ETF (EFAS) is an exchange-traded fund that is based on the MSCI EAFE Top 50 Dividend index. The fund tracks an index of stocks from developed countries outside North America. After screening for dividend growth and sustainability, the 50 highest yielding stocks are selected and given equal weight. EFAS was launched on Nov 14, 2016 and is managed by Global X.

Further Reading

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