Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) Trading Down 1.5%

Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) shares fell 1.5% on Tuesday . The company traded as low as $25.43 and last traded at $25.43. 1,129 shares were traded during mid-day trading, a decline of 77% from the average session volume of 4,955 shares. The stock had previously closed at $25.82.

Global X MSCI SuperDividend Emerging Markets ETF Trading Up 0.3 %

The firm has a market cap of $45.62 million, a P/E ratio of 5.07 and a beta of 0.66. The company’s 50-day moving average is $25.50 and its two-hundred day moving average is $24.46.

Institutional Investors Weigh In On 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 bought a new position in shares of Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 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 as of its most recent SEC filing.

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.