Sykon Capital LLC Purchases Shares of 9,186 Global X SuperDividend REIT ETF (NASDAQ:SRET)

Sykon Capital LLC acquired a new position in shares of Global X SuperDividend REIT ETF (NASDAQ:SRET) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,186 shares of the company’s stock, valued at approximately $203,000. Sykon Capital LLC owned about 0.08% of Global X SuperDividend REIT ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. raised its holdings in Global X SuperDividend REIT ETF by 1.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 325,225 shares of the company’s stock worth $7,194,000 after purchasing an additional 4,380 shares during the last quarter. Daiwa Securities Group Inc. lifted its holdings in Global X SuperDividend REIT ETF by 24.6% in the third quarter. Daiwa Securities Group Inc. now owns 810,000 shares of the company’s stock valued at $16,289,000 after buying an additional 160,000 shares during the period. Raymond James Financial Services Advisors Inc. bought a new stake in Global X SuperDividend REIT ETF during the fourth quarter valued at $224,000. Finally, LPL Financial LLC grew its holdings in Global X SuperDividend REIT ETF by 1.4% during the 3rd quarter. LPL Financial LLC now owns 516,497 shares of the company’s stock worth $10,387,000 after acquiring an additional 7,179 shares during the period.

Global X SuperDividend REIT ETF Stock Performance

Shares of NASDAQ:SRET traded up $0.07 during midday trading on Friday, reaching $19.76. The company’s stock had a trading volume of 56,307 shares, compared to its average volume of 36,754. Global X SuperDividend REIT ETF has a fifty-two week low of $18.06 and a fifty-two week high of $22.99. The firm has a 50 day moving average price of $19.79 and a two-hundred day moving average price of $20.28. The firm has a market capitalization of $209.65 million, a price-to-earnings ratio of 9.61 and a beta of 1.01.

Global X SuperDividend REIT ETF Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, May 13th. Shareholders of record on Monday, May 6th will be paid a $0.135 dividend. This represents a $1.62 annualized dividend and a yield of 8.20%. The ex-dividend date of this dividend is Friday, May 3rd.

About Global X SuperDividend REIT ETF

The Global X SuperDividend REIT ETF (SRET) is an exchange-traded fund that is based on the Solactive Global Superdividend REIT index. The fund tracks an equal-weighted index of global REITs, choosing 30 high-yield, low-volatility companies. SRET was launched on Mar 17, 2015 and is managed by Global X.