Global X Video Games & Esports ETF (NASDAQ:HERO – Get Free Report) shares passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $26.74 and traded as low as $26.56. Global X Video Games & Esports ETF shares last traded at $26.64, with a volume of 66,420 shares trading hands.
Global X Video Games & Esports ETF Stock Performance
The company’s fifty day moving average price is $27.27 and its 200-day moving average price is $26.74. The stock has a market cap of $60.21 million, a P/E ratio of 22.89 and a beta of 0.89.
Institutional Trading of Global X Video Games & Esports ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. NBH Bank purchased a new position in shares of Global X Video Games & Esports ETF during the second quarter valued at approximately $26,000. Triumph Capital Management purchased a new stake in shares of Global X Video Games & Esports ETF in the second quarter worth approximately $29,000. TD Waterhouse Canada Inc. raised its holdings in shares of Global X Video Games & Esports ETF by 549.2% in the second quarter. TD Waterhouse Canada Inc. now owns 4,220 shares of the company’s stock worth $105,000 after buying an additional 3,570 shares during the period. Allworth Financial LP purchased a new stake in shares of Global X Video Games & Esports ETF in the second quarter worth approximately $103,000. Finally, Herbst Group LLC purchased a new stake in shares of Global X Video Games & Esports ETF in the second quarter worth approximately $136,000. 82.58% of the stock is owned by hedge funds and other institutional investors.
Global X Video Games & Esports ETF Company Profile
The Global X Video Games & Esports ETF (HERO) is an exchange-traded fund that is based on the Solactive Video Games & Esports index, a modified market-cap-weighted global index of companies in video games and esports industry. HERO was launched on Oct 25, 2019 and is managed by Global X.
Recommended Stories
- Five stocks we like better than Global X Video Games & Esports ETF
- Boeing Got Its MAX 10 Approval, But Q3 Delivered a Reality Check
- The Invisible AI Backbone: Corning’s AI Fiber Play
- Heavy Metal: Why Nucor Could Be an Overlooked AI Infrastructure Winner
- Why Tesla’s Upside Is About More Than a SpaceX Merger
Receive News & Ratings for Global X Video Games & Esports ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Video Games & Esports ETF and related companies with MarketBeat.com's FREE daily email newsletter.
