Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS) Shares Down 1.7% – Time to Sell?
by Jessica Moore · The Cerbat GemShares of Global X MSCI SuperDividend EAFE ETF (NASDAQ:EFAS – Get Free Report) fell 1.7% during mid-day trading on Monday . The company traded as low as $21.41 and last traded at $21.41. 17,436 shares traded hands during trading, a decline of 23% from the average session volume of 22,626 shares. The stock had previously closed at $21.78.
Global X MSCI SuperDividend EAFE ETF Price Performance
The stock has a 50-day simple moving average of $21.77 and a 200-day simple moving average of $20.62. The stock has a market cap of $47.22 million, a PE ratio of 11.91 and a beta of 0.56.
Global X MSCI SuperDividend EAFE ETF Increases Dividend
The business also recently announced a dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, June 3rd will be given a $0.09 dividend. The ex-dividend date of this dividend is Wednesday, June 3rd. This is a positive change from Global X MSCI SuperDividend EAFE ETF’s previous dividend of $0.09.
Institutional Investors Weigh In On Global X MSCI SuperDividend EAFE ETF
Several institutional investors and hedge funds have recently modified their holdings of EFAS. Orion Porfolio Solutions LLC purchased a new stake in shares of Global X MSCI SuperDividend EAFE ETF in the second quarter worth about $244,000. Susquehanna International Group LLP purchased a new stake in shares of Global X MSCI SuperDividend EAFE ETF in the third quarter worth about $362,000. Jaffetilchin Investment Partners LLC purchased a new stake in shares of Global X MSCI SuperDividend EAFE ETF in the fourth quarter worth about $261,000. Crux Wealth Advisors purchased a new stake in shares of Global X MSCI SuperDividend EAFE ETF in the fourth quarter worth about $258,000. Finally, Encompass More Asset Management purchased a new stake in shares of Global X MSCI SuperDividend EAFE ETF in the fourth quarter worth about $599,000.
About Global X MSCI SuperDividend EAFE ETF
The Global X MSCI SuperDividend EAFE ETF (EFAS) is an exchange-traded fund that is based on the MSCI EAFE Top 50 Dividend index. The fund tracks an index of stocks from developed countries outside North America. After screening for dividend growth and sustainability, the 50 highest yielding stocks are selected and given equal weight. EFAS was launched on Nov 14, 2016 and is managed by Global X.