Mirae Asset Global Investments Co. Ltd. Lowers Stock Holdings in Global X SuperDividend U.S. ETF (NYSEARCA:DIV)

Mirae Asset Global Investments Co. Ltd. trimmed its position in shares of Global X SuperDividend U.S. ETF (NYSEARCA:DIV) by 11.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 118,000 shares of the company’s stock after selling 16,000 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned 0.33% of Global X SuperDividend U.S. ETF worth $2,210,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Jones Financial Companies Lllp boosted its stake in shares of Global X SuperDividend U.S. ETF by 59.5% in the 4th quarter. Jones Financial Companies Lllp now owns 11,841 shares of the company’s stock valued at $213,000 after buying an additional 4,415 shares during the period. SBI Securities Co. Ltd. purchased a new position in shares of Global X SuperDividend U.S. ETF in the 4th quarter valued at about $106,000. Steward Partners Investment Advisory LLC boosted its stake in shares of Global X SuperDividend U.S. ETF by 7.2% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 25,156 shares of the company’s stock valued at $454,000 after buying an additional 1,696 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Global X SuperDividend U.S. ETF in the 4th quarter valued at about $2,691,000. Finally, Farther Finance Advisors LLC raised its position in shares of Global X SuperDividend U.S. ETF by 13.1% during the 4th quarter. Farther Finance Advisors LLC now owns 24,020 shares of the company’s stock worth $433,000 after acquiring an additional 2,776 shares in the last quarter.

Global X SuperDividend U.S. ETF Stock Performance

Shares of NYSEARCA DIV opened at $17.85 on Friday. Global X SuperDividend U.S. ETF has a fifty-two week low of $16.19 and a fifty-two week high of $19.38. The firm has a market capitalization of $656.52 million, a PE ratio of 11.57 and a beta of 1.02. The stock’s 50-day simple moving average is $17.69 and its 200-day simple moving average is $18.10.

About Global X SuperDividend U.S. ETF

The Global X SuperDividend U.S. ETF (DIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an equally weighted index of 50 high-dividend, low-volatility securities. DIV was launched on Mar 11, 2013 and is managed by Global X.