Global X Southeast Asia ETF (NYSEARCA:ASEA) Trading 0.4% Higher – Time to Buy?

Global X Southeast Asia ETF (NYSEARCA:ASEA) rose 0.4% on Tuesday . The company traded as high as $16.87 and last traded at $16.87. Approximately 11,542 shares changed hands during trading, a decline of 59% from the average daily volume of 28,404 shares. The stock had previously closed at $16.79.

Global X Southeast Asia ETF Stock Down 0.6 %

The business’s 50 day simple moving average is $17.11 and its two-hundred day simple moving average is $15.94. The stock has a market cap of $48.72 million, a P/E ratio of 13.58 and a beta of 0.54.

Institutional Trading of Global X Southeast Asia ETF

Several institutional investors have recently modified their holdings of the business. Flow Traders U.S. LLC bought a new stake in Global X Southeast Asia ETF during the third quarter valued at $431,000. Cetera Investment Advisers boosted its position in Global X Southeast Asia ETF by 4.8% during the second quarter. Cetera Investment Advisers now owns 77,151 shares of the company’s stock valued at $1,120,000 after acquiring an additional 3,565 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in 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 acquiring an additional 145,214 shares during the last quarter.

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.