Global SuperDividend US ETF (NYSEARCA:DIV) Hits New 1-Year High at $18.54

Global SuperDividend US ETF (NYSEARCA:DIV)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $18.54 and last traded at $18.54, with a volume of 195915 shares changing hands. The stock had previously closed at $18.34.

Global SuperDividend US ETF Trading Up 1.1 %

The firm has a market capitalization of $662.43 million, a price-to-earnings ratio of 9.29 and a beta of 0.74. The firm has a fifty day moving average price of $17.97 and a 200 day moving average price of $17.43.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. FUKOKU MUTUAL LIFE INSURANCE Co boosted its position in Global SuperDividend US ETF by 40.5% in the 4th quarter. FUKOKU MUTUAL LIFE INSURANCE Co now owns 1,475,000 shares of the company’s stock valued at $25,340,000 after buying an additional 425,000 shares during the last quarter. Global X Japan Co. Ltd. lifted its stake in shares of Global SuperDividend US ETF by 62.3% during the second quarter. Global X Japan Co. Ltd. now owns 235,026 shares of the company’s stock valued at $4,054,000 after acquiring an additional 90,226 shares during the period. AE Wealth Management LLC boosted its holdings in Global SuperDividend US ETF by 3.2% in the second quarter. AE Wealth Management LLC now owns 1,159,532 shares of the company’s stock valued at $20,002,000 after acquiring an additional 35,640 shares during the last quarter. Arlington Capital Management Inc. acquired a new stake in Global SuperDividend US ETF in the first quarter worth about $567,000. Finally, Steward Partners Investment Solutions LLC bought a new stake in Global SuperDividend US ETF during the 4th quarter worth about $374,000.

Global SuperDividend US ETF Company Profile

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.