SBI Securities Co. Ltd. Lowers Holdings in Global X Video Games & Esports ETF (NASDAQ:HERO)

SBI Securities Co. Ltd. lowered its holdings in shares of Global X Video Games & Esports ETF (NASDAQ:HERO) by 5.9% during the first quarter, HoldingsChannel.com reports. The firm owned 6,574 shares of the company’s stock after selling 412 shares during the period. SBI Securities Co. Ltd.’s holdings in Global X Video Games & Esports ETF were worth $164,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in HERO. BNP Paribas purchased a new stake in Global X Video Games & Esports ETF in the 4th quarter valued at approximately $70,000. Raymond James Financial Inc. acquired a new stake in shares of Global X Video Games & Esports ETF in the 4th quarter valued at about $230,000. NewEdge Advisors LLC lifted its position in shares of Global X Video Games & Esports ETF by 3,111.6% during the fourth quarter. NewEdge Advisors LLC now owns 10,566 shares of the company’s stock worth $248,000 after purchasing an additional 10,237 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in shares of Global X Video Games & Esports ETF by 15.7% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 12,492 shares of the company’s stock valued at $312,000 after purchasing an additional 1,699 shares during the period. Finally, U.S. Capital Wealth Advisors LLC boosted its holdings in Global X Video Games & Esports ETF by 26.5% during the first quarter. U.S. Capital Wealth Advisors LLC now owns 25,871 shares of the company’s stock worth $645,000 after buying an additional 5,419 shares in the last quarter. Institutional investors and hedge funds own 82.58% of the company’s stock.

Global X Video Games & Esports ETF Stock Performance

Shares of NASDAQ:HERO opened at $32.25 on Friday. The company has a 50 day moving average price of $30.57 and a two-hundred day moving average price of $27.28. Global X Video Games & Esports ETF has a 52 week low of $20.21 and a 52 week high of $33.00. The company has a market capitalization of $156.41 million, a PE ratio of 22.89 and a beta of 0.78.

Global X Video Games & Esports ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, July 7th. Shareholders of record on Friday, June 27th were issued a dividend of $0.1496 per share. The ex-dividend date of this dividend was Friday, June 27th.

Global X Video Games & Esports ETF 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.