Global X SuperDividend ETF (NYSEARCA:SDIV) Sets New 52-Week High at $23.19

Global X SuperDividend ETF (NYSEARCA:SDIV) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $23.19 and last traded at $23.19, with a volume of 42471 shares. The stock had previously closed at $22.84.

Global X SuperDividend ETF Trading Up 1.6 %

The stock has a 50-day moving average price of $22.27 and a 200 day moving average price of $22.05. The stock has a market capitalization of $816.18 million, a price-to-earnings ratio of 3.72 and a beta of 0.93.

Institutional Trading of Global X SuperDividend ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Bank of Nova Scotia acquired a new position in Global X SuperDividend ETF in the 4th quarter valued at $449,000. International Assets Investment Management LLC raised its position in shares of Global X SuperDividend ETF by 9.7% in the first quarter. International Assets Investment Management LLC now owns 15,363 shares of the exchange traded fund’s stock valued at $331,000 after buying an additional 1,354 shares during the last quarter. Fifth Third Securities Inc. lifted its stake in shares of Global X SuperDividend ETF by 27.7% in the second quarter. Fifth Third Securities Inc. now owns 76,313 shares of the exchange traded fund’s stock worth $1,680,000 after buying an additional 16,543 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in Global X SuperDividend ETF by 7.8% during the fourth quarter. Janney Montgomery Scott LLC now owns 55,027 shares of the exchange traded fund’s stock worth $1,241,000 after acquiring an additional 3,999 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its stake in Global X SuperDividend ETF by 128.5% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 52,300 shares of the exchange traded fund’s stock valued at $1,152,000 after acquiring an additional 29,416 shares in the last quarter.

About Global X SuperDividend ETF

The Global X SuperDividend ETF (SDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an equal-weighted index of 100 global securities with high yields. SDIV was launched on Jun 8, 2011 and is managed by Global X.