Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) Trading Down 0.8%

Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) traded down 0.8% during mid-day trading on Tuesday . The company traded as low as $25.02 and last traded at $25.02. 5,853 shares were traded during mid-day trading, an increase of 18% from the average session volume of 4,967 shares. The stock had previously closed at $25.24.

Global X MSCI SuperDividend Emerging Markets ETF Stock Performance

The stock’s fifty day simple moving average is $25.23 and its 200-day simple moving average is $24.22. The stock has a market cap of $46.31 million, a P/E ratio of 5.16 and a beta of 0.79.

Institutional Trading of Global X MSCI SuperDividend Emerging Markets ETF

A hedge fund recently bought a new stake in Global X MSCI SuperDividend Emerging Markets ETF stock. Flow Traders U.S. LLC acquired a new position in shares of Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 9,891 shares of the company’s stock, valued at approximately $235,000. Flow Traders U.S. LLC owned approximately 0.55% of Global X MSCI SuperDividend Emerging Markets ETF at the end of the most recent reporting period.

About Global X MSCI SuperDividend Emerging Markets ETF

The Global X MSCI SuperDividend Emerging Markets ETF (SDEM) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund follows an equal-weighted index of emerging market countries. The index selects stocks by highest dividend yield, excluding those ranking low on price return.