Global X Video Games & Esports ETF (NASDAQ:HERO) Shares Down 0.1% – What’s Next?

Global X Video Games & Esports ETF (NASDAQ:HERO)’s share price was down 0.1% on Tuesday . The company traded as low as $24.96 and last traded at $25.02. Approximately 18,604 shares traded hands during trading, a decline of 38% from the average session volume of 30,024 shares. The stock had previously closed at $25.04.

Global X Video Games & Esports ETF Trading Down 0.1%

The firm has a market cap of $61.80 million, a PE ratio of 22.89 and a beta of 0.90. The firm has a fifty day simple moving average of $25.14 and a two-hundred day simple moving average of $26.73.

Global X Video Games & Esports ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were issued a $0.1282 dividend. The ex-dividend date was Monday, June 29th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Archford Capital Strategies LLC increased its holdings in shares of Global X Video Games & Esports ETF by 3.2% during the 4th quarter. Archford Capital Strategies LLC now owns 21,812 shares of the company’s stock valued at $649,000 after purchasing an additional 677 shares in the last quarter. Arkadios Wealth Advisors boosted its holdings in Global X Video Games & Esports ETF by 20.1% during the fourth quarter. Arkadios Wealth Advisors now owns 9,666 shares of the company’s stock worth $288,000 after buying an additional 1,616 shares in the last quarter. Farther Finance Advisors LLC grew its position in Global X Video Games & Esports ETF by 164.5% during the fourth quarter. Farther Finance Advisors LLC now owns 4,303 shares of the company’s stock valued at $128,000 after buying an additional 2,676 shares during the period. Sei Investments Co. grew its position in Global X Video Games & Esports ETF by 62.0% during the third quarter. Sei Investments Co. now owns 13,423 shares of the company’s stock valued at $455,000 after buying an additional 5,137 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in Global X Video Games & Esports ETF by 7.4% in the third quarter. Raymond James Financial Inc. now owns 84,708 shares of the company’s stock valued at $2,870,000 after buying an additional 5,819 shares in the last quarter. 82.58% of the stock is owned by institutional investors.

About Global X Video Games & Esports ETF

The Global X Video Games & Esports ETF (HERO) is an exchange-traded fund that is based on the Solactive Video Games & Esports index, a modified market-cap-weighted global index of companies in video games and esports industry. HERO was launched on Oct 25, 2019 and is managed by Global X.