GeoWealth Management LLC Cuts Stock Holdings in Global X Video Games & Esports ETF (NASDAQ:HERO)

GeoWealth Management LLC reduced its stake in Global X Video Games & Esports ETF (NASDAQ:HERO) by 10.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 14,919 shares of the company’s stock after selling 1,699 shares during the quarter. GeoWealth Management LLC’s holdings in Global X Video Games & Esports ETF were worth $350,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of HERO. Archford Capital Strategies LLC lifted its position in shares of Global X Video Games & Esports ETF by 157.8% during the fourth quarter. Archford Capital Strategies LLC now owns 30,230 shares of the company’s stock valued at $710,000 after purchasing an additional 18,503 shares in the last quarter. U.S. Capital Wealth Advisors LLC purchased a new stake in shares of Global X Video Games & Esports ETF during the fourth quarter valued at approximately $480,000. SBI Securities Co. Ltd. bought a new stake in Global X Video Games & Esports ETF during the fourth quarter worth $164,000. Raymond James Financial Inc. purchased a new position in Global X Video Games & Esports ETF in the fourth quarter worth $230,000. Finally, Wealthfront Advisers LLC increased its position in shares of Global X Video Games & Esports ETF by 435.1% during the 4th quarter. Wealthfront Advisers LLC now owns 45,369 shares of the company’s stock valued at $1,065,000 after purchasing an additional 36,890 shares during the last quarter. 82.58% of the stock is currently owned by institutional investors.

Global X Video Games & Esports ETF Trading Down 0.7 %

NASDAQ:HERO opened at $26.11 on Tuesday. Global X Video Games & Esports ETF has a 12 month low of $19.07 and a 12 month high of $27.53. The firm’s 50 day moving average is $25.76 and its 200 day moving average is $24.63. The stock has a market capitalization of $103.13 million, a PE ratio of 23.21 and a beta of 0.78.

Global X Video Games & Esports ETF Company Profile

The Global X Video Games & Esports ETF (HERO) is an exchange-traded fund that is based on the Solactive Video Games & Esports index, a modified market-cap-weighted global index of companies in video games and esports industry. HERO was launched on Oct 25, 2019 and is managed by Global X.