Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) Trading Down 0.3% – Here’s What Happened

Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM)’s stock price traded down 0.3% during mid-day trading on Friday . The stock traded as low as $24.84 and last traded at $24.85. 4,619 shares traded hands during trading, a decline of 51% from the average session volume of 9,385 shares. The stock had previously closed at $24.92.

Global X MSCI SuperDividend Emerging Markets ETF Stock Down 0.3 %

The business has a 50 day moving average price of $24.53 and a 200 day moving average price of $24.85. The stock has a market cap of $44.23 million, a P/E ratio of 5.33 and a beta of 0.62.

Hedge Funds Weigh In On Global X MSCI SuperDividend Emerging Markets ETF

An institutional investor recently bought a new position in Global X MSCI SuperDividend Emerging Markets ETF stock. Flow Traders U.S. LLC purchased a new stake in shares of Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 11,701 shares of the company’s stock, valued at approximately $311,000. Flow Traders U.S. LLC owned approximately 0.66% of Global X MSCI SuperDividend Emerging Markets ETF as of its most recent filing with the Securities & Exchange Commission.

Global X MSCI SuperDividend Emerging Markets ETF Company Profile

The Global X MSCI SuperDividend Emerging Markets ETF (SDEM) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund follows an equal-weighted index of emerging market countries. The index selects stocks by highest dividend yield, excluding those ranking low on price return.