Global SuperDividend US ETF (NYSEARCA:DIV) Reaches New 52-Week High – Here’s Why

Global SuperDividend US ETF (NYSEARCA:DIV)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $18.83 and last traded at $18.78, with a volume of 81914 shares. The stock had previously closed at $18.78.

Global SuperDividend US ETF Trading Up 0.5 %

The firm has a market cap of $671.37 million, a PE ratio of 9.29 and a beta of 0.74. The stock has a 50 day simple moving average of $18.51 and a 200-day simple moving average of $17.87.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. AE Wealth Management LLC grew its position in shares of Global SuperDividend US ETF by 3.2% during the second quarter. AE Wealth Management LLC now owns 1,159,532 shares of the company’s stock valued at $20,002,000 after purchasing an additional 35,640 shares in the last quarter. Curran Financial Partners LLC lifted its holdings in shares of Global SuperDividend US ETF by 5.8% in the 3rd quarter. Curran Financial Partners LLC now owns 289,333 shares of the company’s stock valued at $5,408,000 after acquiring an additional 15,876 shares during the last quarter. Global X Japan Co. Ltd. lifted its holdings in shares of Global SuperDividend US ETF by 8.9% in the 3rd quarter. Global X Japan Co. Ltd. now owns 255,885 shares of the company’s stock valued at $4,782,000 after acquiring an additional 20,859 shares during the last quarter. Raymond James & Associates lifted its holdings in shares of Global SuperDividend US ETF by 8.7% in the 3rd quarter. Raymond James & Associates now owns 140,777 shares of the company’s stock valued at $2,631,000 after acquiring an additional 11,236 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of Global SuperDividend US ETF by 15.3% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 136,000 shares of the company’s stock valued at $2,535,000 after acquiring an additional 18,000 shares during the last quarter.

About Global SuperDividend US ETF

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.