Janney Montgomery Scott LLC Lowers Stock Position in Global X SuperDividend ETF (NYSEARCA:SDIV)

Janney Montgomery Scott LLC lowered its position in shares of Global X SuperDividend ETF (NYSEARCA:SDIV) by 3.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,951 shares of the exchange traded fund’s stock after selling 695 shares during the quarter. Janney Montgomery Scott LLC owned 0.06% of Global X SuperDividend ETF worth $411,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Goldstone Financial Group LLC purchased a new stake in shares of Global X SuperDividend ETF in the third quarter worth about $1,009,000. Flow Traders U.S. LLC purchased a new stake in Global X SuperDividend ETF during the third quarter valued at about $519,000. International Assets Investment Management LLC bought a new position in shares of Global X SuperDividend ETF during the fourth quarter valued at about $440,000. Good Life Advisors LLC increased its holdings in shares of Global X SuperDividend ETF by 104.8% in the third quarter. Good Life Advisors LLC now owns 33,480 shares of the exchange traded fund’s stock worth $788,000 after buying an additional 17,132 shares during the period. Finally, Cetera Investment Advisers lifted its stake in shares of Global X SuperDividend ETF by 30.1% in the 2nd quarter. Cetera Investment Advisers now owns 43,761 shares of the exchange traded fund’s stock valued at $964,000 after acquiring an additional 10,135 shares during the last quarter.

Global X SuperDividend ETF Stock Performance

NYSEARCA:SDIV opened at $21.09 on Tuesday. Global X SuperDividend ETF has a fifty-two week low of $20.28 and a fifty-two week high of $23.78. The firm has a market cap of $741.95 million, a PE ratio of 3.72 and a beta of 0.93. The business has a 50 day moving average price of $20.97 and a 200-day moving average price of $21.84.

About Global X SuperDividend ETF

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.