Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) Shares Up 1.2% – Here’s Why

Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA)’s share price traded up 1.2% during trading on Tuesday. The company traded as high as $20.39 and last traded at $20.12. 17,638 shares changed hands during trading, a decline of 54% from the average session volume of 38,196 shares. The stock had previously closed at $19.88.

Global X FTSE Southeast Asia ETF Stock Performance

The company has a market cap of $96.37 million, a P/E ratio of 12.26 and a beta of 0.43. The company has a fifty day moving average price of $21.20 and a two-hundred day moving average price of $20.52.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Harmony Asset Management LLC bought a new position in Global X FTSE Southeast Asia ETF in the first quarter valued at approximately $203,000. ES4 LLC increased its position in shares of Global X FTSE Southeast Asia ETF by 2.0% during the 1st quarter. ES4 LLC now owns 33,130 shares of the company’s stock worth $644,000 after purchasing an additional 642 shares during the last quarter. Bank of America Corp DE increased its position in shares of Global X FTSE Southeast Asia ETF by 16.4% during the 1st quarter. Bank of America Corp DE now owns 41,281 shares of the company’s stock worth $802,000 after purchasing an additional 5,827 shares during the last quarter. Royal Bank of Canada increased its position in shares of Global X FTSE Southeast Asia ETF by 51.4% during the 1st quarter. Royal Bank of Canada now owns 86,919 shares of the company’s stock worth $1,688,000 after purchasing an additional 29,507 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in shares of Global X FTSE Southeast Asia ETF by 2.6% during the 1st quarter. Cetera Investment Advisers now owns 139,842 shares of the company’s stock worth $2,717,000 after purchasing an additional 3,606 shares during the last quarter.

Global X FTSE Southeast Asia ETF Company Profile

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.