Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) Trading Up 0.9% – Here’s What Happened

Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEMGet Free Report)’s stock price rose 0.9% during mid-day trading on Friday . The stock traded as high as $26.51 and last traded at $26.48. Approximately 8,340 shares traded hands during trading, a decline of 15% from the average daily volume of 9,786 shares. The stock had previously closed at $26.25.

Global X MSCI SuperDividend Emerging Markets ETF Stock Performance

The stock has a 50-day simple moving average of $25.54 and a 200 day simple moving average of $24.99. The stock has a market capitalization of $37.07 million, a P/E ratio of 8.17 and a beta of 0.61.

About Global X MSCI SuperDividend Emerging Markets ETF

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The Global X MSCI SuperDividend Emerging Markets ETF (SDEM) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund follows an equal-weighted index of emerging market countries. The index selects stocks by highest dividend yield, excluding those ranking low on price return.

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