Migdal Insurance & Financial Holdings Ltd. Lowers Stake in Global X Video Games & Esports ETF (NASDAQ:HERO)

Migdal Insurance & Financial Holdings Ltd. decreased its position in shares of Global X Video Games & Esports ETF (NASDAQ:HERO) by 10.3% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 46,646 shares of the company’s stock after selling 5,340 shares during the period. Migdal Insurance & Financial Holdings Ltd. owned 0.73% of Global X Video Games & Esports ETF worth $941,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of HERO. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Global X Video Games & Esports ETF by 7.5% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 20,521 shares of the company’s stock worth $515,000 after purchasing an additional 1,430 shares during the period. Jane Street Group LLC lifted its position in Global X Video Games & Esports ETF by 114.9% during the first quarter. Jane Street Group LLC now owns 260,986 shares of the company’s stock worth $6,551,000 after buying an additional 139,550 shares during the period. Bank of America Corp DE boosted its stake in Global X Video Games & Esports ETF by 43.5% in the 1st quarter. Bank of America Corp DE now owns 282,516 shares of the company’s stock worth $7,091,000 after buying an additional 85,692 shares during the last quarter. UBS Group AG grew its holdings in Global X Video Games & Esports ETF by 9.8% in the 2nd quarter. UBS Group AG now owns 14,795 shares of the company’s stock valued at $309,000 after buying an additional 1,322 shares during the period. Finally, LPL Financial LLC grew its holdings in Global X Video Games & Esports ETF by 1.3% in the 2nd quarter. LPL Financial LLC now owns 79,782 shares of the company’s stock valued at $1,668,000 after buying an additional 987 shares during the period. Institutional investors and hedge funds own 82.58% of the company’s stock.

Global X Video Games & Esports ETF Price Performance

Shares of HERO stock opened at $19.21 on Thursday. The firm’s 50-day simple moving average is $20.42 and its 200-day simple moving average is $19.81. Global X Video Games & Esports ETF has a 1-year low of $17.75 and a 1-year high of $21.57. The firm has a market cap of $121.22 million, a P/E ratio of 28.88 and a beta of 0.78.

About Global X Video Games & Esports ETF

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.