Global X SuperDividend ETF $SDIV Shares Acquired by Kovack Advisors Inc.

Kovack Advisors Inc. lifted its stake in shares of Global X SuperDividend ETF (NYSEARCA:SDIV) by 20.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,562 shares of the exchange traded fund’s stock after purchasing an additional 2,676 shares during the period. Kovack Advisors Inc.’s holdings in Global X SuperDividend ETF were worth $351,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. AE Wealth Management LLC lifted its holdings in Global X SuperDividend ETF by 10.4% in the first quarter. AE Wealth Management LLC now owns 11,796 shares of the exchange traded fund’s stock valued at $247,000 after acquiring an additional 1,107 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in Global X SuperDividend ETF in the second quarter valued at approximately $86,000. Cetera Investment Advisers lifted its holdings in Global X SuperDividend ETF by 18.3% in the first quarter. Cetera Investment Advisers now owns 87,346 shares of the exchange traded fund’s stock valued at $1,832,000 after acquiring an additional 13,542 shares during the last quarter. LPL Financial LLC lifted its holdings in Global X SuperDividend ETF by 7.1% in the first quarter. LPL Financial LLC now owns 757,414 shares of the exchange traded fund’s stock valued at $15,883,000 after acquiring an additional 50,321 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in Global X SuperDividend ETF by 40.6% in the first quarter. Envestnet Asset Management Inc. now owns 62,069 shares of the exchange traded fund’s stock valued at $1,302,000 after acquiring an additional 17,921 shares during the last quarter.

Global X SuperDividend ETF Stock Performance

SDIV opened at $23.80 on Monday. Global X SuperDividend ETF has a one year low of $17.87 and a one year high of $24.40. The stock has a market capitalization of $1.01 billion, a PE ratio of 8.00 and a beta of 0.85. The business’s 50 day moving average price is $23.74 and its 200 day moving average price is $22.75.

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.