Apollon Wealth Management LLC Grows Position in Global SuperDividend US ETF (NYSEARCA:DIV)

Apollon Wealth Management LLC lifted its position in shares of Global SuperDividend US ETF (NYSEARCA:DIV) by 22.1% during the third quarter, Holdings Channel reports. The firm owned 35,472 shares of the company’s stock after acquiring an additional 6,427 shares during the period. Apollon Wealth Management LLC’s holdings in Global SuperDividend US ETF were worth $663,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in DIV. Global X Japan Co. Ltd. increased its position in shares of Global SuperDividend US ETF by 62.3% during the 2nd quarter. Global X Japan Co. Ltd. now owns 235,026 shares of the company’s stock valued at $4,054,000 after purchasing an additional 90,226 shares during the last quarter. Janney Montgomery Scott LLC purchased a new stake in Global SuperDividend US ETF during the third quarter worth about $860,000. AE Wealth Management LLC raised its position in Global SuperDividend US ETF by 3.2% in the second quarter. AE Wealth Management LLC now owns 1,159,532 shares of the company’s stock worth $20,002,000 after acquiring an additional 35,640 shares during the period. Good Life Advisors LLC boosted its stake in Global SuperDividend US ETF by 102.7% in the third quarter. Good Life Advisors LLC now owns 48,722 shares of the company’s stock valued at $911,000 after acquiring an additional 24,680 shares during the last quarter. Finally, Eagle Strategies LLC bought a new position in shares of Global SuperDividend US ETF during the 2nd quarter valued at approximately $344,000.

Global SuperDividend US ETF Trading Up 0.5 %

NYSEARCA:DIV opened at $18.59 on Friday. Global SuperDividend US ETF has a 12 month low of $16.15 and a 12 month high of $18.88. The firm’s 50 day moving average is $18.54 and its 200 day moving average is $17.92. The stock has a market capitalization of $664.22 million, a PE ratio of 9.29 and a beta of 0.74.

Global SuperDividend US ETF Company Profile

The Global X SuperDividend U.S. ETF (DIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks an equally weighted index of 50 high-dividend, low-volatility securities. DIV was launched on Mar 11, 2013 and is managed by Global X.