Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) Trading Up 0.8% – Still a Buy?

Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA)’s stock price rose 0.8% during mid-day trading on Tuesday . The company traded as high as $21.38 and last traded at $21.33. 25,802 shares changed hands during trading, a decline of 40% from the average daily volume of 42,655 shares. The stock had previously closed at $21.17.

Global X FTSE Southeast Asia ETF Trading Up 0.8%

The company has a market cap of $101.32 million, a P/E ratio of 12.26 and a beta of 0.43. The business’s 50 day simple moving average is $20.35 and its 200 day simple moving average is $19.90.

Institutional Trading of Global X FTSE Southeast Asia ETF

A number of hedge funds and other institutional investors have recently modified their holdings of ASEA. EFG International AG purchased a new position in shares of Global X FTSE Southeast Asia ETF during the 4th quarter valued at $39,000. Colonial Trust Advisors purchased a new position in shares of Global X FTSE Southeast Asia ETF in the fourth quarter valued at about $56,000. Kestra Advisory Services LLC purchased a new stake in shares of Global X FTSE Southeast Asia ETF during the 4th quarter worth approximately $57,000. TD Waterhouse Canada Inc. bought a new position in Global X FTSE Southeast Asia ETF during the fourth quarter valued at $80,000. Finally, CIBC Private Wealth Group LLC bought a new position in Global X FTSE Southeast Asia ETF during the fourth quarter valued at $126,000.

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.