Global X Southeast Asia ETF (NYSEARCA:ASEA) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Global X Southeast Asia ETF (NYSEARCA:ASEA)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $15.99 and traded as high as $16.62. Global X Southeast Asia ETF shares last traded at $16.53, with a volume of 122,462 shares.

Global X Southeast Asia ETF Trading Down 0.6 %

The company has a market cap of $48.60 million, a P/E ratio of 13.58 and a beta of 0.54. The business has a 50 day moving average price of $17.05 and a 200-day moving average price of $15.99.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of ASEA. Flow Traders U.S. LLC bought a new stake in Global X Southeast Asia ETF in the 3rd quarter valued at $431,000. Cetera Investment Advisers boosted its position in Global X Southeast Asia ETF by 4.8% during the second quarter. Cetera Investment Advisers now owns 77,151 shares of the company’s stock worth $1,120,000 after purchasing an additional 3,565 shares during the period. Finally, Jane Street Group LLC increased its holdings in shares of Global X Southeast Asia ETF by 584.8% in the third quarter. Jane Street Group LLC now owns 170,046 shares of the company’s stock valued at $2,945,000 after purchasing an additional 145,214 shares during the last quarter.

About Global X Southeast Asia ETF

The Global X FTSE Southeast Asia ETF (ASEA) is an exchange-traded fund that is based on the FTSE\u002FASEAN 40 INDEX index. The fund tracks a market-cap weighted and -selected index of the 40 largest and most liquid stocks from Singapore, Malaysia, Indonesia, Thailand and the Philippines. ASEA was launched on Feb 17, 2011 and is managed by Global X.