Global X Video Games & Esports ETF (NASDAQ:HERO) Trading Down 0.6% – Time to Sell?

Global X Video Games & Esports ETF (NASDAQ:HERO) shares dropped 0.6% on Tuesday . The stock traded as low as $27.34 and last traded at $27.42. 31,368 shares were traded during mid-day 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 Trading Down 0.7%

The company’s 50 day moving average price is $25.30 and its two-hundred day moving average price is $26.26. The firm has a market cap of $66.84 million, a PE ratio of 22.89 and a beta of 0.90.

Global X Video Games & Esports ETF Dividend Announcement

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

Institutional Trading of Global X Video Games & Esports ETF

Hedge funds have recently bought and sold shares of the stock. Arkadios Wealth Advisors increased its holdings 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 acquiring an additional 1,616 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings 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 valued at $128,000 after purchasing an additional 2,676 shares during the last quarter. Sei Investments Co. boosted its holdings in shares of Global X Video Games & Esports ETF by 62.0% during the 3rd quarter. Sei Investments Co. now owns 13,423 shares of the company’s stock valued at $455,000 after purchasing an additional 5,137 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of Global X Video Games & Esports ETF by 7.4% during the third quarter. Raymond James Financial Inc. now owns 84,708 shares of the company’s stock valued at $2,870,000 after purchasing an additional 5,819 shares in the last quarter. Finally, Northbridge Financial Group LLC purchased a new position in shares of Global X Video Games & Esports ETF during the fourth quarter valued at about $216,000. Institutional investors own 82.58% of the company’s stock.

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.