Global X Video Games & Esports ETF Announces Dividend of $0.33 (NASDAQ:HERO)

Global X Video Games & Esports ETF (NASDAQ:HERO) declared a dividend on Monday, December 29th. Stockholders of record on Tuesday, December 30th will be paid a dividend of 0.3329 per share on Wednesday, January 7th. This represents a dividend yield of 223.0%. The ex-dividend date of this dividend is Tuesday, December 30th.

Global X Video Games & Esports ETF Stock Down 0.6%

Global X Video Games & Esports ETF stock traded down $0.20 during midday trading on Tuesday, hitting $29.92. The company’s stock had a trading volume of 10,093 shares, compared to its average volume of 41,878. Global X Video Games & Esports ETF has a 12 month low of $22.03 and a 12 month high of $34.68. The company has a market capitalization of $139.10 million, a PE ratio of 22.89 and a beta of 0.92. The stock’s 50-day moving average price is $31.24 and its 200-day moving average price is $32.13.

Hedge Funds Weigh In On Global X Video Games & Esports ETF

Hedge funds have recently modified their holdings of the stock. OLD Mission Capital LLC acquired a new stake in Global X Video Games & Esports ETF in the first quarter valued at approximately $224,000. Jane Street Group LLC boosted its position in shares of Global X Video Games & Esports ETF by 111.8% in the first quarter. Jane Street Group LLC now owns 27,574 shares of the company’s stock valued at $688,000 after acquiring an additional 14,557 shares during the period. HBW Advisory Services LLC acquired a new position in Global X Video Games & Esports ETF during the 2nd quarter valued at $224,000. Perigon Wealth Management LLC bought a new position in shares of Global X Video Games & Esports ETF during the 2nd quarter worth about $261,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Global X Video Games & Esports ETF during the second quarter valued at about $147,000. 82.58% of the stock is owned by institutional investors and hedge funds.

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.