Global X Video Games & Esports ETF (NASDAQ:HERO) Stock Price Up 0.8% – What’s Next?

Shares of Global X Video Games & Esports ETF (NASDAQ:HERO) traded up 0.8% during trading on Thursday . The stock traded as high as $24.35 and last traded at $24.23. 72,124 shares changed hands during mid-day trading, an increase of 120% from the average session volume of 32,796 shares. The stock had previously closed at $24.03.

Global X Video Games & Esports ETF Stock Performance

The stock’s 50-day moving average is $23.88 and its two-hundred day moving average is $22.75. The stock has a market cap of $116.50 million, a PE ratio of 22.26 and a beta of 0.78.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Global X Video Games & Esports ETF stock. HBW Advisory Services LLC boosted its holdings in shares of Global X Video Games & Esports ETF (NASDAQ:HERO) by 8.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,172 shares of the company’s stock after buying an additional 690 shares during the quarter. HBW Advisory Services LLC owned 0.20% of Global X Video Games & Esports ETF worth $223,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 82.58% of the company’s stock.

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.