Raymond James Financial Inc. Makes New $230,000 Investment in Global X Video Games & Esports ETF (NASDAQ:HERO)

Raymond James Financial Inc. purchased a new position in shares of Global X Video Games & Esports ETF (NASDAQ:HERO) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 9,790 shares of the company’s stock, valued at approximately $230,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HERO. U.S. Capital Wealth Advisors LLC purchased a new position in shares of Global X Video Games & Esports ETF during the fourth quarter worth $480,000. Archford Capital Strategies LLC lifted its stake in Global X Video Games & Esports ETF by 157.8% during the 4th quarter. Archford Capital Strategies LLC now owns 30,230 shares of the company’s stock worth $710,000 after acquiring an additional 18,503 shares in the last quarter. Finally, SBI Securities Co. Ltd. purchased a new position in Global X Video Games & Esports ETF during the 4th quarter valued at about $164,000. 82.58% of the stock is currently owned by institutional investors and hedge funds.

Global X Video Games & Esports ETF Price Performance

Shares of NASDAQ:HERO opened at $25.62 on Friday. The firm has a market capitalization of $102.74 million, a PE ratio of 23.21 and a beta of 0.78. Global X Video Games & Esports ETF has a 1 year low of $18.85 and a 1 year high of $27.53. The firm’s 50-day moving average is $25.76 and its two-hundred day moving average is $24.55.

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.