Global X SuperDividend ETF (NYSEARCA:SDIV) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Global X SuperDividend ETF (NYSEARCA:SDIV) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $21.71 and traded as low as $20.67. Global X SuperDividend ETF shares last traded at $20.81, with a volume of 403,060 shares changing hands.

Global X SuperDividend ETF Stock Performance

The business has a 50-day simple moving average of $21.03 and a 200 day simple moving average of $21.71. The firm has a market cap of $762.48 million, a P/E ratio of 8.02 and a beta of 1.11.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in SDIV. Farther Finance Advisors LLC grew its stake in shares of Global X SuperDividend ETF by 45.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,266 shares of the exchange traded fund’s stock worth $53,000 after buying an additional 712 shares during the last quarter. Howe & Rusling Inc. purchased a new stake in shares of Global X SuperDividend ETF in the 3rd quarter worth approximately $35,000. FMR LLC grew its stake in shares of Global X SuperDividend ETF by 151.4% in the 3rd quarter. FMR LLC now owns 1,556 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 937 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of Global X SuperDividend ETF by 2.6% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 21,520 shares of the exchange traded fund’s stock worth $507,000 after buying an additional 551 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Global X SuperDividend ETF in the 3rd quarter worth approximately $519,000.

Global X SuperDividend ETF Company Profile

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.