Global X SuperDividend U.S. ETF (NYSEARCA:DIV) Reaches New 1-Year High – Here’s What Happened

Global X SuperDividend U.S. ETF (NYSEARCA:DIVGet Free Report)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $19.98 and last traded at $19.98, with a volume of 80030 shares trading hands. The stock had previously closed at $19.78.

Global X SuperDividend U.S. ETF Stock Up 0.9%

The firm has a market cap of $790.22 million, a price-to-earnings ratio of 11.57 and a beta of 0.59. The stock’s 50 day moving average is $19.24 and its 200 day moving average is $19.05.

Hedge Funds Weigh In On Global X SuperDividend U.S. ETF

Hedge funds have recently modified their holdings of the company. Fifth Third Bancorp bought a new stake in shares of Global X SuperDividend U.S. ETF in the 1st quarter worth $42,000. Raleigh Capital Management Inc. acquired a new stake in shares of Global X SuperDividend U.S. ETF in the fourth quarter valued at $62,000. SouthState Bank Corp bought a new position in Global X SuperDividend U.S. ETF during the first quarter valued at about $94,000. SBI Securities Co. Ltd. boosted its stake in Global X SuperDividend U.S. ETF by 8.4% during the fourth quarter. SBI Securities Co. Ltd. now owns 7,047 shares of the company’s stock valued at $122,000 after buying an additional 546 shares in the last quarter. Finally, Prostatis Group LLC acquired a new position in Global X SuperDividend U.S. ETF during the fourth quarter worth about $175,000.

About Global X SuperDividend U.S. ETF

(Get Free Report)

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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