Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) Trading 0.4% Higher – Here’s Why

Shares of Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) traded up 0.4% on Tuesday . The company traded as high as $18.08 and last traded at $18.04. 11,249 shares were traded during trading, a decline of 58% from the average session volume of 26,885 shares. The stock had previously closed at $17.96.

Global X FTSE Southeast Asia ETF Stock Up 0.4%

The company has a market cap of $69.09 million, a PE ratio of 12.26 and a beta of 0.58. The firm has a 50 day simple moving average of $17.51 and a 200-day simple moving average of $17.05.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Barry Investment Advisors LLC lifted its position in Global X FTSE Southeast Asia ETF by 0.7% during the third quarter. Barry Investment Advisors LLC now owns 100,298 shares of the company’s stock valued at $1,714,000 after acquiring an additional 719 shares during the last quarter. Bank of America Corp DE increased its position in shares of Global X FTSE Southeast Asia ETF by 13.1% during the third quarter. Bank of America Corp DE now owns 8,443 shares of the company’s stock worth $144,000 after purchasing an additional 980 shares in the last quarter. Edmond DE Rothschild Holding S.A. lifted its holdings in shares of Global X FTSE Southeast Asia ETF by 9.8% during the 1st quarter. Edmond DE Rothschild Holding S.A. now owns 16,800 shares of the company’s stock valued at $263,000 after purchasing an additional 1,500 shares during the last quarter. Algorithmic Investment Models LLC lifted its holdings in shares of Global X FTSE Southeast Asia ETF by 5.0% during the 3rd quarter. Algorithmic Investment Models LLC now owns 62,762 shares of the company’s stock valued at $1,073,000 after purchasing an additional 2,961 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of Global X FTSE Southeast Asia ETF by 3.2% in the 2nd quarter. Cetera Investment Advisers now owns 116,914 shares of the company’s stock worth $1,907,000 after purchasing an additional 3,634 shares in the last quarter.

About Global X FTSE Southeast Asia ETF

The Global X FTSE Southeast Asia ETF (ASEA) is an exchange-traded fund that is based on the FTSE\u002FASEAN 40 INDEX index. The fund tracks a market-cap weighted and -selected index of the 40 largest and most liquid stocks from Singapore, Malaysia, Indonesia, Thailand and the Philippines. ASEA was launched on Feb 17, 2011 and is managed by Global X.