Shares of Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA – Get Free Report) were up 1.2% during mid-day trading on Tuesday. The company traded as high as $20.39 and last traded at $20.12. Approximately 17,638 shares were traded during trading, a decline of 54% from the average session volume of 38,196 shares. The stock had previously closed at $19.88.
Global X FTSE Southeast Asia ETF Stock Up 1.2%
The firm has a market cap of $96.37 million, a P/E ratio of 12.26 and a beta of 0.43. The firm has a fifty day moving average of $21.20 and a 200-day moving average of $20.52.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Boothe Investment Group Inc. boosted its holdings in Global X FTSE Southeast Asia ETF by 1.0% during the first quarter. Boothe Investment Group Inc. now owns 759,051 shares of the company’s stock worth $14,748,000 after buying an additional 7,625 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Global X FTSE Southeast Asia ETF by 16.4% during the first quarter. Bank of America Corp DE now owns 41,281 shares of the company’s stock worth $802,000 after acquiring an additional 5,827 shares during the period. Royal Bank of Canada lifted its holdings in shares of Global X FTSE Southeast Asia ETF by 51.4% in the first quarter. Royal Bank of Canada now owns 86,919 shares of the company’s stock valued at $1,688,000 after purchasing an additional 29,507 shares in the last quarter. Cetera Investment Advisers lifted its stake in Global X FTSE Southeast Asia ETF by 2.6% in the 1st quarter. Cetera Investment Advisers now owns 139,842 shares of the company’s stock valued at $2,717,000 after acquiring an additional 3,606 shares in the last quarter. Finally, Harmony Asset Management LLC bought a new stake in shares of Global X FTSE Southeast Asia ETF in the first quarter worth $203,000.
Global X FTSE Southeast Asia ETF Company Profile
The Global X FTSE Southeast Asia ETF (ASEA) is an exchange-traded fund that is based on the FTSE\u002FASEAN 40 INDEX index. The fund tracks a market-cap weighted and -selected index of the 40 largest and most liquid stocks from Singapore, Malaysia, Indonesia, Thailand and the Philippines. ASEA was launched on Feb 17, 2011 and is managed by Global X.
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