Raymond James Financial Inc. Purchases New Shares in Global X SuperDividend ETF (NYSEARCA:SDIV)

Raymond James Financial Inc. acquired a new position in Global X SuperDividend ETF (NYSEARCA:SDIV) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 68,760 shares of the exchange traded fund’s stock, valued at approximately $1,418,000.

Several other hedge funds have also modified their holdings of SDIV. Stifel Financial Corp increased its stake in shares of Global X SuperDividend ETF by 5.4% in the 3rd quarter. Stifel Financial Corp now owns 15,751 shares of the exchange traded fund’s stock valued at $371,000 after purchasing an additional 806 shares in the last quarter. FMR LLC grew its holdings in Global X SuperDividend ETF by 151.4% in the third quarter. FMR LLC now owns 1,556 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 937 shares during the period. JPMorgan Chase & Co. increased its position in shares of Global X SuperDividend ETF by 2.0% in the third quarter. JPMorgan Chase & Co. now owns 66,020 shares of the exchange traded fund’s stock valued at $1,554,000 after buying an additional 1,292 shares in the last quarter. Principal Securities Inc. raised its stake in shares of Global X SuperDividend ETF by 1,133.3% during the 4th quarter. Principal Securities Inc. now owns 3,515 shares of the exchange traded fund’s stock worth $72,000 after buying an additional 3,230 shares during the period. Finally, HighTower Advisors LLC lifted its position in shares of Global X SuperDividend ETF by 35.4% during the 3rd quarter. HighTower Advisors LLC now owns 25,616 shares of the exchange traded fund’s stock valued at $604,000 after buying an additional 6,699 shares in the last quarter.

Global X SuperDividend ETF Stock Performance

Global X SuperDividend ETF stock opened at $21.09 on Wednesday. The stock has a market capitalization of $787.50 million, a P/E ratio of 8.18 and a beta of 0.84. The company’s fifty day moving average price is $21.15 and its 200 day moving average price is $21.59. Global X SuperDividend ETF has a 1 year low of $20.28 and a 1 year high of $23.78.

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.