Flow Traders U.S. LLC Sells 21,186 Shares of Global X Video Games & Esports ETF $HERO

Flow Traders U.S. LLC cut its position in Global X Video Games & Esports ETF (NASDAQ:HERO) by 53.4% during the second quarter, Holdings Channel.com reports. The institutional investor owned 18,456 shares of the company’s stock after selling 21,186 shares during the quarter. Flow Traders U.S. LLC’s holdings in Global X Video Games & Esports ETF were worth $604,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in HERO. Wealthfront Advisers LLC raised its stake in shares of Global X Video Games & Esports ETF by 22.3% in the second quarter. Wealthfront Advisers LLC now owns 10,329 shares of the company’s stock valued at $338,000 after acquiring an additional 1,885 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Global X Video Games & Esports ETF during the 2nd quarter valued at $147,000. Prairie Wealth Advisors Inc. bought a new position in Global X Video Games & Esports ETF in the 2nd quarter valued at $204,000. Advyzon Investment Management LLC bought a new position in Global X Video Games & Esports ETF in the 2nd quarter valued at $217,000. Finally, HBW Advisory Services LLC acquired a new position in Global X Video Games & Esports ETF in the second quarter worth $224,000. 82.58% of the stock is owned by institutional investors.

Global X Video Games & Esports ETF Stock Performance

Shares of HERO stock opened at $30.81 on Thursday. Global X Video Games & Esports ETF has a 52 week low of $22.03 and a 52 week high of $34.68. The stock has a market capitalization of $143.27 million, a PE ratio of 22.89 and a beta of 0.92. The stock’s fifty day moving average is $32.04 and its 200-day moving average is $32.11.

About Global X Video Games & Esports ETF

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.