Global X SuperDividend ETF (NYSEARCA:SDIV) Hits New 52-Week Low – Should You Sell?

Global X SuperDividend ETF (NYSEARCA:SDIV)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as $20.28 and last traded at $20.38, with a volume of 104752 shares. The stock had previously closed at $20.37.

Global X SuperDividend ETF Trading Down 0.2 %

The company has a market cap of $715.21 million, a price-to-earnings ratio of 3.72 and a beta of 0.93. The firm has a 50-day moving average price of $21.24 and a 200 day moving average price of $22.03.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Stifel Financial Corp grew its stake in Global X SuperDividend ETF by 5.4% during the 3rd quarter. Stifel Financial Corp now owns 15,751 shares of the exchange traded fund’s stock worth $371,000 after buying an additional 806 shares during the last quarter. FMR LLC boosted its holdings in shares of Global X SuperDividend ETF by 151.4% during the third quarter. FMR LLC now owns 1,556 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 937 shares during the period. HighTower Advisors LLC grew its position in shares of Global X SuperDividend ETF by 35.4% during the third quarter. HighTower Advisors LLC now owns 25,616 shares of the exchange traded fund’s stock worth $604,000 after acquiring an additional 6,699 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of Global X SuperDividend ETF by 2.6% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 21,520 shares of the exchange traded fund’s stock worth $507,000 after acquiring an additional 551 shares during the period. Finally, Farther Finance Advisors LLC lifted its position in Global X SuperDividend ETF by 45.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,266 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 712 shares during the last quarter.

Global X SuperDividend ETF Company Profile

The Global X SuperDividend ETF (SDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an equal-weighted index of 100 global securities with high yields. SDIV was launched on Jun 8, 2011 and is managed by Global X.