Potomac Fund Management Inc. ADV Buys 80,000 Shares of Global X SuperDividend ETF $SDIV

Potomac Fund Management Inc. ADV boosted its stake in Global X SuperDividend ETF (NYSEARCA:SDIV) by 15.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 584,970 shares of the exchange traded fund’s stock after buying an additional 80,000 shares during the quarter. Global X SuperDividend ETF makes up about 0.5% of Potomac Fund Management Inc. ADV’s investment portfolio, making the stock its 16th largest position. Potomac Fund Management Inc. ADV’s holdings in Global X SuperDividend ETF were worth $14,057,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. KERR FINANCIAL PLANNING Corp acquired a new position in Global X SuperDividend ETF during the third quarter worth $25,000. Advocate Investing Services LLC acquired a new stake in shares of Global X SuperDividend ETF in the 4th quarter valued at $26,000. Ameriflex Group Inc. acquired a new stake in shares of Global X SuperDividend ETF in the 3rd quarter valued at $57,000. CWM LLC grew its holdings in shares of Global X SuperDividend ETF by 18.9% in the 4th quarter. CWM LLC now owns 2,641 shares of the exchange traded fund’s stock worth $63,000 after purchasing an additional 420 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of Global X SuperDividend ETF by 19.7% in the 4th quarter. Farther Finance Advisors LLC now owns 3,732 shares of the exchange traded fund’s stock worth $90,000 after purchasing an additional 615 shares during the last quarter.

Global X SuperDividend ETF Price Performance

Shares of Global X SuperDividend ETF stock opened at $24.95 on Monday. Global X SuperDividend ETF has a 12-month low of $21.98 and a 12-month high of $26.44. The stock has a market capitalization of $1.22 billion, a P/E ratio of 8.00 and a beta of 0.72. The company has a 50-day simple moving average of $25.47 and a 200 day simple moving average of $25.18.

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.