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

Global X Southeast Asia ETF (NYSEARCA:ASEA)’s stock price traded down 0.6% on Monday . The company traded as low as $15.73 and last traded at $15.74. 27,747 shares were traded during 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 Stock Down 0.6 %

The stock has a market cap of $46.28 million, a price-to-earnings ratio of 13.58 and a beta of 0.54. The company’s 50-day simple moving average is $16.48 and its 200-day simple moving average is $16.36.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in ASEA. Jane Street Group LLC grew its holdings in shares of 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 valued at $2,945,000 after buying an additional 145,214 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in Global X Southeast Asia ETF during the 3rd quarter worth about $431,000. Finally, Cetera Investment Advisers grew its stake in Global X Southeast Asia ETF by 4.8% during the 2nd quarter. Cetera Investment Advisers now owns 77,151 shares of the company’s stock valued at $1,120,000 after acquiring an additional 3,565 shares in the last quarter.

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.