Global X SuperDividend U.S. ETF (NYSEARCA:DIV) Hits New 12-Month High – Here’s Why

Global X SuperDividend U.S. ETF (NYSEARCA:DIV) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $19.79 and last traded at $19.79, with a volume of 109891 shares. The stock had previously closed at $19.42.

Global X SuperDividend U.S. ETF Trading Up 2.1%

The company has a market capitalization of $783.88 million, a PE ratio of 11.57 and a beta of 0.59. The firm has a fifty day moving average of $19.18 and a two-hundred day moving average of $18.95.

Institutional Trading of Global X SuperDividend U.S. ETF

Institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada boosted its position in Global X SuperDividend U.S. ETF by 11.4% during the 1st quarter. Royal Bank of Canada now owns 118,261 shares of the company’s stock valued at $2,228,000 after buying an additional 12,134 shares during the period. Jones Financial Companies Lllp raised its stake in shares of Global X SuperDividend U.S. ETF by 58.9% during the first quarter. Jones Financial Companies Lllp now owns 18,815 shares of the company’s stock valued at $354,000 after acquiring an additional 6,974 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Global X SuperDividend U.S. ETF by 700.4% during the first quarter. Goldman Sachs Group Inc. now owns 84,127 shares of the company’s stock valued at $1,585,000 after acquiring an additional 73,617 shares during the last quarter. UBS Group AG boosted its holdings in shares of Global X SuperDividend U.S. ETF by 8.2% during the third quarter. UBS Group AG now owns 43,842 shares of the company’s stock worth $776,000 after purchasing an additional 3,330 shares during the period. Finally, Two Sigma Investments LP grew its stake in shares of Global X SuperDividend U.S. ETF by 34.7% in the third quarter. Two Sigma Investments LP now owns 163,400 shares of the company’s stock worth $2,891,000 after purchasing an additional 42,100 shares during the last quarter.

Global X SuperDividend U.S. ETF Company Profile

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.