Global X Video Games & Esports ETF (NASDAQ:HERO) Trading Down 0.6% – What’s Next?

Global X Video Games & Esports ETF (NASDAQ:HERO) fell 0.6% during trading on Tuesday . The stock traded as low as $27.34 and last traded at $27.42. 31,368 shares changed hands during trading, an increase of 4% from the average daily volume of 30,132 shares. The stock had previously closed at $27.59.

Global X Video Games & Esports ETF Stock Performance

The business has a fifty day moving average of $25.26 and a two-hundred day moving average of $26.28. The firm has a market capitalization of $67.73 million, a price-to-earnings ratio of 22.89 and a beta of 0.90.

Global X Video Games & Esports ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were given a dividend of $0.1282 per share. The ex-dividend date of this dividend was Monday, June 29th.

Hedge Funds Weigh In On Global X Video Games & Esports ETF

Several large investors have recently modified their holdings of HERO. Farther Finance Advisors LLC lifted its stake in shares of Global X Video Games & Esports ETF by 164.5% during the 4th quarter. Farther Finance Advisors LLC now owns 4,303 shares of the company’s stock worth $128,000 after buying an additional 2,676 shares during the last quarter. Northbridge Financial Group LLC acquired a new position in Global X Video Games & Esports ETF in the 4th quarter valued at about $216,000. Sei Investments Co. acquired a new position in Global X Video Games & Esports ETF in the 2nd quarter valued at about $271,000. Arkadios Wealth Advisors grew its stake in Global X Video Games & Esports ETF by 20.1% in the 4th quarter. Arkadios Wealth Advisors now owns 9,666 shares of the company’s stock valued at $288,000 after buying an additional 1,616 shares during the last quarter. Finally, Osaic Holdings Inc. raised its holdings in Global X Video Games & Esports ETF by 335.5% in the 2nd quarter. Osaic Holdings Inc. now owns 11,423 shares of the company’s stock valued at $374,000 after acquiring an additional 8,800 shares during the period. 82.58% of the stock is owned by institutional investors.

Global X Video Games & Esports ETF Company Profile

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.