Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) Trading 1.7% Higher – Time to Buy?

Global X FTSE Southeast Asia ETF (NYSEARCA:ASEA) shot up 1.7% on Monday . The stock traded as high as $18.80 and last traded at $18.80. 49,578 shares were traded during trading, an increase of 73% from the average session volume of 28,686 shares. The stock had previously closed at $18.48.

Global X FTSE Southeast Asia ETF Price Performance

The company has a market cap of $72.08 million, a P/E ratio of 12.26 and a beta of 0.58. The business’s 50 day moving average price is $18.03 and its 200-day moving average price is $17.34.

Institutional Trading of Global X FTSE Southeast Asia ETF

Large investors have recently made changes to their positions in the business. Barry Investment Advisors LLC increased its position in Global X FTSE Southeast Asia ETF by 0.7% in the 3rd 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 in the last quarter. Bank of America Corp DE raised its holdings in Global X FTSE Southeast Asia ETF by 13.1% during the 3rd 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 during the last quarter. Edmond DE Rothschild Holding S.A. lifted its position in 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 period. Algorithmic Investment Models LLC boosted its stake in shares of Global X FTSE Southeast Asia ETF by 5.0% in 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 grew its position in shares of Global X FTSE Southeast Asia ETF by 3.2% during the 2nd quarter. Cetera Investment Advisers now owns 116,914 shares of the company’s stock worth $1,907,000 after buying an additional 3,634 shares during the period.

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.