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

Global SuperDividend US ETF (NYSEARCA:DIV)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $19.49 and last traded at $19.49, with a volume of 780 shares traded. The stock had previously closed at $19.20.

Global SuperDividend US ETF Trading Up 0.6 %

The firm’s 50-day moving average price is $18.63 and its 200 day moving average price is $18.02. The company has a market cap of $689.95 million, a price-to-earnings ratio of 9.29 and a beta of 0.74.

Institutional Trading of Global SuperDividend US ETF

Large investors have recently made changes to their positions in the company. Global X Japan Co. Ltd. grew its holdings in shares of Global SuperDividend US ETF by 62.3% during the second quarter. Global X Japan Co. Ltd. now owns 235,026 shares of the company’s stock valued at $4,054,000 after buying an additional 90,226 shares during the last quarter. Janney Montgomery Scott LLC purchased a new stake in shares of Global SuperDividend US ETF during the third quarter valued at approximately $860,000. AE Wealth Management LLC raised its stake in shares of Global SuperDividend US ETF by 3.2% during the 2nd quarter. AE Wealth Management LLC now owns 1,159,532 shares of the company’s stock worth $20,002,000 after purchasing an additional 35,640 shares during the period. Good Life Advisors LLC grew its position in Global SuperDividend US ETF by 102.7% during the third quarter. Good Life Advisors LLC now owns 48,722 shares of the company’s stock valued at $911,000 after buying an additional 24,680 shares during the period. Finally, Kraft Davis & Associates LLC bought a new stake in Global SuperDividend US ETF in the third quarter worth about $402,000.

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.