Focus Partners Wealth Sells 3,205 Shares of Global X Video Games & Esports ETF (NASDAQ:HERO)

Focus Partners Wealth decreased its holdings in Global X Video Games & Esports ETF (NASDAQ:HERO) by 12.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,076 shares of the company’s stock after selling 3,205 shares during the period. Focus Partners Wealth’s holdings in Global X Video Games & Esports ETF were worth $542,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of HERO. Wealthfront Advisers LLC increased its holdings in shares of Global X Video Games & Esports ETF by 435.1% in the 4th quarter. Wealthfront Advisers LLC now owns 45,369 shares of the company’s stock worth $1,065,000 after purchasing an additional 36,890 shares in the last quarter. U.S. Capital Wealth Advisors LLC purchased a new position in shares of Global X Video Games & Esports ETF in the 4th quarter worth $480,000. Archford Capital Strategies LLC boosted its stake in shares of Global X Video Games & Esports ETF by 157.8% in the 4th quarter. Archford Capital Strategies LLC now owns 30,230 shares of the company’s stock worth $710,000 after buying an additional 18,503 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of Global X Video Games & Esports ETF by 3,111.6% in the 4th quarter. NewEdge Advisors LLC now owns 10,566 shares of the company’s stock worth $248,000 after buying an additional 10,237 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of Global X Video Games & Esports ETF in the 4th quarter worth $230,000. Institutional investors own 82.58% of the company’s stock.

Global X Video Games & Esports ETF Price Performance

HERO stock opened at $28.99 on Tuesday. The company has a market cap of $114.51 million, a P/E ratio of 24.16 and a beta of 0.78. Global X Video Games & Esports ETF has a 1 year low of $20.21 and a 1 year high of $29.20. The stock’s fifty day moving average price is $26.46 and its 200-day moving average price is $25.29.

Global X Video Games & Esports ETF 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.