Archford Capital Strategies LLC Decreases Position in Global X Video Games & Esports ETF (NASDAQ:HERO)

Archford Capital Strategies LLC decreased its holdings in shares of Global X Video Games & Esports ETF (NASDAQ:HERO) by 9.9% in the 1st quarter, Holdings Channel.com reports. The firm owned 27,246 shares of the company’s stock after selling 2,984 shares during the quarter. Archford Capital Strategies LLC’s holdings in Global X Video Games & Esports ETF were worth $680,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in HERO. Cambridge Investment Research Advisors Inc. lifted its position in shares of Global X Video Games & Esports ETF by 15.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 12,492 shares of the company’s stock worth $312,000 after buying an additional 1,699 shares during the last quarter. BNP Paribas purchased a new stake in shares of Global X Video Games & Esports ETF during the 4th quarter worth approximately $70,000. NewEdge Advisors LLC lifted its position in Global X Video Games & Esports ETF by 3,111.6% in the fourth quarter. NewEdge Advisors LLC now owns 10,566 shares of the company’s stock valued at $248,000 after acquiring an additional 10,237 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Global X Video Games & Esports ETF in the fourth quarter valued at $230,000. Finally, LPL Financial LLC lifted its position in Global X Video Games & Esports ETF by 5.6% in the fourth quarter. LPL Financial LLC now owns 160,196 shares of the company’s stock valued at $3,761,000 after acquiring an additional 8,501 shares during the last quarter. Hedge funds and other institutional investors own 82.58% of the company’s stock.

Global X Video Games & Esports ETF Price Performance

Shares of HERO opened at $32.21 on Thursday. Global X Video Games & Esports ETF has a 1-year low of $20.21 and a 1-year high of $32.40. The stock has a market cap of $127.23 million, a PE ratio of 25.69 and a beta of 0.78. The firm has a fifty day moving average price of $29.22 and a 200 day moving average price of $26.47.

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.