Global X Video Games & Esports ETF (NASDAQ:HERO) Stock Price Down 0.6% – What’s Next?

Global X Video Games & Esports ETF (NASDAQ:HERO)’s share price was down 0.6% during trading on Tuesday . The stock traded as low as $27.34 and last traded at $27.42. 31,368 shares traded hands during mid-day trading, an increase of 4% from the average session volume of 30,132 shares. The stock had previously closed at $27.59.

Global X Video Games & Esports ETF Stock Down 0.6%

The company has a market cap of $67.73 million, a P/E ratio of 22.89 and a beta of 0.90. The stock has a 50 day moving average price of $25.26 and a two-hundred day moving average price of $26.28.

Global X Video Games & Esports ETF Dividend Announcement

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

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Daiwa Securities Group Inc. lifted its holdings in shares of Global X Video Games & Esports ETF by 1,176.1% during the third quarter. Daiwa Securities Group Inc. now owns 368,909 shares of the company’s stock worth $12,499,000 after buying an additional 340,000 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of Global X Video Games & Esports ETF by 641.5% in the second quarter. Raymond James Financial Inc. now owns 78,889 shares of the company’s stock valued at $2,582,000 after acquiring an additional 68,250 shares during the period. Jane Street Group LLC boosted its position in shares of Global X Video Games & Esports ETF by 201.7% in the second quarter. Jane Street Group LLC now owns 83,190 shares of the company’s stock valued at $2,723,000 after acquiring an additional 55,616 shares during the period. Bank of America Corp DE grew its stake in shares of Global X Video Games & Esports ETF by 9.7% in the first quarter. Bank of America Corp DE now owns 417,861 shares of the company’s stock valued at $10,752,000 after acquiring an additional 36,909 shares in the last quarter. Finally, Nano Cap New Millennium Growth Fund L P acquired a new position in shares of Global X Video Games & Esports ETF in the fourth quarter valued at about $491,000. Institutional investors own 82.58% of the company’s stock.

Global X Video Games & Esports ETF Company Profile

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.