Global X Southeast Asia ETF (NYSEARCA:ASEA) Shares Up 0.6%

Global X Southeast Asia ETF (NYSEARCA:ASEA)’s stock price rose 0.6% during trading on Monday . The company traded as high as $14.88 and last traded at $14.80. Approximately 20,648 shares traded hands during trading, an increase of 26% from the average daily volume of 16,413 shares. The stock had previously closed at $14.71.

Global X Southeast Asia ETF Trading Up 0.6 %

The company has a 50 day simple moving average of $14.93 and a two-hundred day simple moving average of $14.75. The firm has a market capitalization of $43.51 million, a P/E ratio of 13.22 and a beta of 0.72.

Hedge Funds Weigh In On Global X Southeast Asia ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Principal Securities Inc. purchased a new stake in Global X Southeast Asia ETF during the fourth quarter valued at $50,000. Barry Investment Advisors LLC grew its stake in shares of Global X Southeast Asia ETF by 1.3% in the 4th quarter. Barry Investment Advisors LLC now owns 75,294 shares of the company’s stock worth $1,157,000 after buying an additional 998 shares in the last quarter. Finally, Partners Capital Investment Group LLP increased its holdings in shares of Global X Southeast Asia ETF by 20.5% in the 4th quarter. Partners Capital Investment Group LLP now owns 249,968 shares of the company’s stock worth $3,770,000 after buying an additional 42,593 shares during the last quarter.

Global X Southeast Asia ETF Company Profile

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.