Global X Southeast Asia ETF (NYSEARCA:ASEA) Shares Pass Above 200-Day Moving Average – Here’s What Happened

Global X Southeast Asia ETF (NYSEARCA:ASEA)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-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 traded.

Global X Southeast Asia ETF Stock Performance

The stock has a fifty day moving average of $17.03 and a 200 day moving average of $16.00. The company has a market capitalization of $48.80 million, a PE ratio of 13.58 and a beta of 0.54.

Institutional Inflows and Outflows

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

Global X Southeast Asia ETF Company Profile

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.