Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) Stock Price Down 0.8% – Time to Sell?

Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) shares fell 0.8% on Friday . The stock traded as low as $25.75 and last traded at $25.79. 3,232 shares changed hands during mid-day trading, a decline of 66% from the average session volume of 9,433 shares. The stock had previously closed at $25.99.

Global X MSCI SuperDividend Emerging Markets ETF Stock Down 0.8 %

The firm has a market cap of $36.11 million, a price-to-earnings ratio of 8.44 and a beta of 0.77. The business’s fifty day moving average is $25.26 and its two-hundred day moving average is $24.96.

Institutional Investors Weigh In On Global X MSCI SuperDividend Emerging Markets ETF

A hedge fund recently bought a new stake in Global X MSCI SuperDividend Emerging Markets ETF stock. Flow Traders U.S. LLC acquired a new stake in Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,701 shares of the company’s stock, valued at approximately $311,000. Flow Traders U.S. LLC owned 0.66% of Global X MSCI SuperDividend Emerging Markets ETF at the end of the most recent reporting period.

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.