LPL Financial LLC Trims Stake in Global X Video Games & Esports ETF (NASDAQ:HERO)

LPL Financial LLC lowered its holdings in shares of Global X Video Games & Esports ETF (NASDAQ:HERO) by 3.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 155,058 shares of the company’s stock after selling 5,138 shares during the period. LPL Financial LLC’s holdings in Global X Video Games & Esports ETF were worth $3,869,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. BNP Paribas bought a new stake in Global X Video Games & Esports ETF during the fourth quarter worth about $70,000. Raymond James Financial Inc. bought a new stake in Global X Video Games & Esports ETF during the fourth quarter worth about $230,000. NewEdge Advisors LLC boosted its stake in Global X Video Games & Esports ETF by 3,111.6% during the fourth quarter. NewEdge Advisors LLC now owns 10,566 shares of the company’s stock worth $248,000 after acquiring an additional 10,237 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in Global X Video Games & Esports ETF by 15.7% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 12,492 shares of the company’s stock worth $312,000 after acquiring an additional 1,699 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC boosted its stake in Global X Video Games & Esports ETF by 26.5% during the first quarter. U.S. Capital Wealth Advisors LLC now owns 25,871 shares of the company’s stock worth $645,000 after acquiring an additional 5,419 shares in the last quarter. Institutional investors own 82.58% of the company’s stock.

Global X Video Games & Esports ETF Price Performance

NASDAQ:HERO opened at $33.20 on Friday. Global X Video Games & Esports ETF has a one year low of $21.75 and a one year high of $33.50. The company’s 50-day simple moving average is $31.83 and its 200 day simple moving average is $28.51. The firm has a market capitalization of $159.03 million, a P/E ratio of 22.89 and a beta of 0.78.

Global X Video Games & Esports ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, July 7th. Investors of record on Friday, June 27th were paid a dividend of $0.1496 per share. The ex-dividend date of this dividend was Friday, June 27th.

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.