Global X Video Games & Esports ETF (NASDAQ:HERO) Stock Price Up 0.8% – Here’s What Happened

Global X Video Games & Esports ETF (NASDAQ:HERO) shot up 0.8% during trading on Thursday . The stock traded as high as $24.35 and last traded at $24.23. Approximately 72,124 shares were traded during trading, an increase of 120% from the average session volume of 32,796 shares. The stock had previously closed at $24.03.

Global X Video Games & Esports ETF Trading Up 0.8 %

The stock has a 50-day moving average of $23.88 and a two-hundred day moving average of $22.73. The firm has a market cap of $116.55 million, a price-to-earnings ratio of 22.26 and a beta of 0.78.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Global X Video Games & Esports ETF stock. CreativeOne Wealth LLC grew its position in Global X Video Games & Esports ETF (NASDAQ:HERO) by 164.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 104,183 shares of the company’s stock after purchasing an additional 64,861 shares during the period. CreativeOne Wealth LLC owned about 2.17% of Global X Video Games & Esports ETF worth $2,536,000 at the end of the most recent quarter. Hedge funds and other 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.