Global X SuperDividend REIT ETF (NASDAQ:SRET) Trading 0.8% Higher – Here’s What Happened

Global X SuperDividend REIT ETF (NASDAQ:SRET)’s stock price shot up 0.8% during mid-day trading on Friday . The company traded as high as $23.06 and last traded at $22.96. Approximately 27,067 shares were traded during trading, a decline of 43% from the average daily volume of 47,285 shares. The stock had previously closed at $22.78.

Global X SuperDividend REIT ETF Trading Up 0.8%

The company has a market cap of $236.26 million, a PE ratio of 16.47 and a beta of 0.85. The firm’s fifty day moving average is $22.52 and its 200 day moving average is $22.38.

Global X SuperDividend REIT ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, July 13th. Stockholders of record on Monday, July 6th were given a $0.153 dividend. The ex-dividend date was Monday, July 6th. This represents a c) annualized dividend and a dividend yield of 8.0%.

Institutional Trading of Global X SuperDividend REIT ETF

A number of institutional investors and hedge funds have recently modified their holdings of SRET. D.A. Davidson & CO. purchased a new position in Global X SuperDividend REIT ETF in the 4th quarter valued at about $5,319,000. Bank of America Corp DE increased its stake in Global X SuperDividend REIT ETF by 107.4% during the 1st quarter. Bank of America Corp DE now owns 382,617 shares of the company’s stock worth $8,111,000 after buying an additional 198,163 shares in the last quarter. LPL Financial LLC increased its stake in Global X SuperDividend REIT ETF by 9.5% during the 4th quarter. LPL Financial LLC now owns 471,040 shares of the company’s stock worth $10,257,000 after buying an additional 40,743 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Global X SuperDividend REIT ETF by 12.1% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 366,561 shares of the company’s stock worth $7,932,000 after buying an additional 39,710 shares in the last quarter. Finally, Susquehanna International Group LLP raised its holdings in shares of Global X SuperDividend REIT ETF by 234.8% during the third quarter. Susquehanna International Group LLP now owns 46,706 shares of the company’s stock valued at $1,011,000 after acquiring an additional 32,757 shares during the last quarter.

Global X SuperDividend REIT ETF Company Profile

The Global X SuperDividend REIT ETF (SRET) is an exchange-traded fund that is based on the Solactive Global Superdividend REIT index. The fund tracks an equal-weighted index of global REITs, choosing 30 high-yield, low-volatility companies. SRET was launched on Mar 17, 2015 and is managed by Global X.