JPMorgan Chase & Co. Sells 5,599 Shares of Global SuperDividend US ETF (NYSEARCA:DIV)

JPMorgan Chase & Co. trimmed its position in shares of Global SuperDividend US ETF (NYSEARCA:DIV) by 14.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 32,314 shares of the company’s stock after selling 5,599 shares during the period. JPMorgan Chase & Co. owned about 0.09% of Global SuperDividend US ETF worth $604,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its stake in Global SuperDividend US ETF by 5.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 24,751 shares of the company’s stock worth $427,000 after acquiring an additional 1,334 shares in the last quarter. Truist Financial Corp boosted its stake in shares of Global SuperDividend US ETF by 9.7% during the second quarter. Truist Financial Corp now owns 29,546 shares of the company’s stock valued at $510,000 after purchasing an additional 2,615 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of Global SuperDividend US ETF during the second quarter valued at approximately $253,000. Newbridge Financial Services Group Inc. boosted its stake in shares of Global SuperDividend US ETF by 57.6% during the second quarter. Newbridge Financial Services Group Inc. now owns 3,940 shares of the company’s stock valued at $68,000 after purchasing an additional 1,440 shares in the last quarter. Finally, Simplicity Wealth LLC lifted its position in Global SuperDividend US ETF by 34.2% during the third quarter. Simplicity Wealth LLC now owns 19,979 shares of the company’s stock valued at $373,000 after acquiring an additional 5,096 shares during the last quarter.

Global SuperDividend US ETF Stock Up 0.5 %

NYSEARCA:DIV opened at $18.61 on Tuesday. Global SuperDividend US ETF has a 52 week low of $16.22 and a 52 week high of $19.38. The firm has a 50 day moving average of $18.46 and a 200 day moving average of $18.36. The stock has a market capitalization of $664.94 million, a price-to-earnings ratio of 9.29 and a beta of 0.74.

About Global SuperDividend US ETF

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.