Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) Trading 0.1% Higher – What’s Next?

Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA)’s share price rose 0.1% during mid-day trading on Monday . The stock traded as high as $20.75 and last traded at $20.68. 16,503 shares changed hands during mid-day trading, a decline of 63% from the average daily volume of 44,889 shares. The stock had previously closed at $20.65.

Global X FTSE Southeast Asia ETF Price Performance

The stock has a market cap of $96.78 million, a P/E ratio of 12.26 and a beta of 0.43. The company has a fifty day moving average of $19.97 and a 200 day moving average of $19.63.

Institutional Trading of Global X FTSE Southeast Asia ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Corecam Pte. Ltd. bought a new stake in shares of Global X FTSE Southeast Asia ETF in the 4th quarter worth approximately $808,000. ES4 LLC acquired a new position in shares of Global X FTSE Southeast Asia ETF in the 4th quarter valued at $595,000. Moneco Advisors LLC purchased a new position in Global X FTSE Southeast Asia ETF in the 4th quarter worth about $550,000. Royal Bank of Canada lifted its stake in Global X FTSE Southeast Asia ETF by 51.4% during the first quarter. Royal Bank of Canada now owns 86,919 shares of the company’s stock valued at $1,688,000 after buying an additional 29,507 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in Global X FTSE Southeast Asia ETF during the fourth quarter valued at about $532,000.

About Global X FTSE Southeast Asia ETF

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.