Global X Southeast Asia ETF (NYSEARCA:ASEA) Stock Price Down 0.6% – Here’s What Happened

Global X Southeast Asia ETF (NYSEARCA:ASEA)’s share price fell 0.6% on Monday . The stock traded as low as $15.73 and last traded at $15.74. 27,747 shares were traded during mid-day trading, a decline of 77% from the average session volume of 123,235 shares. The stock had previously closed at $15.83.

Global X Southeast Asia ETF Price Performance

The firm has a market capitalization of $46.83 million, a price-to-earnings ratio of 13.58 and a beta of 0.54. The stock has a fifty day moving average of $16.45 and a two-hundred day moving average of $16.37.

Institutional Trading of Global X Southeast Asia ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cetera Investment Advisers raised its position in shares of Global X Southeast Asia ETF by 4.8% in the 2nd quarter. Cetera Investment Advisers now owns 77,151 shares of the company’s stock worth $1,120,000 after acquiring an additional 3,565 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in Global X Southeast Asia ETF during the third quarter worth approximately $431,000. Finally, Jane Street Group LLC grew its stake in Global X Southeast Asia ETF by 584.8% during the third quarter. Jane Street Group LLC now owns 170,046 shares of the company’s stock worth $2,945,000 after purchasing an additional 145,214 shares during the period.

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.