PFG Investments LLC Invests $650,000 in Global X SuperDividend ETF (NYSEARCA:SDIV)

PFG Investments LLC purchased a new stake in Global X SuperDividend ETF (NYSEARCA:SDIV) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor purchased 30,028 shares of the exchange traded fund’s stock, valued at approximately $650,000.

Other large investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new stake in Global X SuperDividend ETF in the 4th quarter valued at $7,124,000. Western Wealth Management LLC boosted its position in Global X SuperDividend ETF by 60.7% in the 4th quarter. Western Wealth Management LLC now owns 16,201 shares of the exchange traded fund’s stock valued at $365,000 after buying an additional 6,121 shares during the last quarter. NewEdge Wealth LLC purchased a new position in Global X SuperDividend ETF in the 4th quarter valued at about $211,000. ORG Partners LLC purchased a new position in Global X SuperDividend ETF in the 3rd quarter valued at about $180,000. Finally, Janney Montgomery Scott LLC boosted its position in Global X SuperDividend ETF by 22.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 51,028 shares of the exchange traded fund’s stock valued at $1,118,000 after buying an additional 9,258 shares during the last quarter.

Global X SuperDividend ETF Trading Up 1.1 %

NYSEARCA:SDIV traded up $0.23 on Monday, reaching $22.00. The stock had a trading volume of 258,115 shares, compared to its average volume of 236,888. The company has a 50-day moving average of $21.33 and a 200 day moving average of $21.49. The stock has a market cap of $773.78 million, a P/E ratio of 3.60 and a beta of 0.95. Global X SuperDividend ETF has a 12-month low of $20.06 and a 12-month high of $23.85.

Global X SuperDividend ETF Profile

The Global X SuperDividend ETF (SDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an equal-weighted index of 100 global securities with high yields. SDIV was launched on Jun 8, 2011 and is managed by Global X.