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

Global X Southeast Asia ETF (NYSEARCA:ASEA) shares were down 0.6% during trading on Thursday . The company traded as low as $15.48 and last traded at $15.52. Approximately 5,930 shares traded hands during trading, a decline of 82% from the average daily volume of 33,064 shares. The stock had previously closed at $15.62.

Global X Southeast Asia ETF Price Performance

The company has a market capitalization of $58.98 million, a price-to-earnings ratio of 12.09 and a beta of 0.72. The business has a fifty day moving average price of $15.88 and a 200 day moving average price of $16.50.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Barry Investment Advisors LLC grew its holdings in Global X Southeast Asia ETF by 2.9% during the fourth quarter. Barry Investment Advisors LLC now owns 66,820 shares of the company’s stock worth $1,082,000 after acquiring an additional 1,890 shares during the period. Principal Securities Inc. grew its holdings in Global X Southeast Asia ETF by 79.9% during the fourth quarter. Principal Securities Inc. now owns 6,253 shares of the company’s stock worth $100,000 after acquiring an additional 2,777 shares during the period. Heck Capital Advisors LLC acquired a new position in Global X Southeast Asia ETF during the fourth quarter worth about $61,000. Fourth Dimension Wealth LLC acquired a new position in Global X Southeast Asia ETF during the fourth quarter worth about $77,000. Finally, Cetera Investment Advisers grew its holdings in Global X Southeast Asia ETF by 6.6% during the fourth quarter. Cetera Investment Advisers now owns 85,775 shares of the company’s stock worth $1,368,000 after acquiring an additional 5,296 shares during the period.

About Global X Southeast Asia ETF

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.