Private Advisor Group LLC Grows Stock Position in Global X SuperDividend U.S. ETF $DIV

Private Advisor Group LLC increased its stake in Global X SuperDividend U.S. ETF (NYSEARCA:DIV) by 426.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 89,830 shares of the company’s stock after acquiring an additional 72,780 shares during the period. Private Advisor Group LLC’s holdings in Global X SuperDividend U.S. ETF were worth $1,698,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Key Capital Management INC bought a new stake in Global X SuperDividend U.S. ETF in the fourth quarter valued at approximately $815,000. Clarity Financial LLC bought a new position in shares of Global X SuperDividend U.S. ETF in the fourth quarter worth approximately $5,272,000. AE Wealth Management LLC grew its holdings in shares of Global X SuperDividend U.S. ETF by 6.4% in the fourth quarter. AE Wealth Management LLC now owns 1,142,553 shares of the company’s stock worth $19,789,000 after purchasing an additional 68,526 shares during the last quarter. Sherry Group Inc. purchased a new position in shares of Global X SuperDividend U.S. ETF in the fourth quarter worth $1,878,000. Finally, MML Investors Services LLC increased its stake in shares of Global X SuperDividend U.S. ETF by 5.6% in the fourth quarter. MML Investors Services LLC now owns 23,260 shares of the company’s stock worth $403,000 after buying an additional 1,226 shares during the period.

Global X SuperDividend U.S. ETF Stock Performance

NYSEARCA:DIV traded up $0.12 during midday trading on Friday, reaching $19.30. 159,340 shares of the stock traded hands, compared to its average volume of 290,664. The stock has a market capitalization of $763.32 million, a P/E ratio of 11.57 and a beta of 0.59. The company has a fifty day moving average of $19.17 and a 200 day moving average of $18.90. Global X SuperDividend U.S. ETF has a 12 month low of $16.84 and a 12 month high of $19.76.

About Global X SuperDividend U.S. ETF

The Global X SuperDividend U.S. ETF (DIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an equally weighted index of 50 high-dividend, low-volatility securities. DIV was launched on Mar 11, 2013 and is managed by Global X.