Cambridge Investment Research Advisors Inc. decreased its stake in Global X FinTech ETF (NASDAQ:FINX – Get Rating) by 53.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,695 shares of the company’s stock after selling 44,865 shares during the quarter. Cambridge Investment Research Advisors Inc. owned approximately 0.19% of Global X FinTech ETF worth $745,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Cetera Investment Advisers boosted its position in Global X FinTech ETF by 9.9% during the first quarter. Cetera Investment Advisers now owns 14,941 shares of the company’s stock worth $478,000 after acquiring an additional 1,348 shares during the last quarter. Baird Financial Group Inc. boosted its position in Global X FinTech ETF by 5.9% during the first quarter. Baird Financial Group Inc. now owns 13,221 shares of the company’s stock worth $423,000 after acquiring an additional 737 shares during the last quarter. Flow Traders U.S. LLC boosted its position in Global X FinTech ETF by 104.6% during the first quarter. Flow Traders U.S. LLC now owns 24,722 shares of the company’s stock worth $792,000 after acquiring an additional 12,638 shares during the last quarter. Renaissance Technologies LLC boosted its position in Global X FinTech ETF by 153.6% during the first quarter. Renaissance Technologies LLC now owns 39,800 shares of the company’s stock worth $1,274,000 after acquiring an additional 24,105 shares during the last quarter. Finally, Atria Wealth Solutions Inc. acquired a new position in Global X FinTech ETF during the first quarter worth about $213,000.
Global X FinTech ETF Trading Up 2.4 %
FINX opened at $21.19 on Tuesday. The firm has a market capitalization of $406.64 million, a PE ratio of 31.69 and a beta of 1.35. Global X FinTech ETF has a twelve month low of $18.35 and a twelve month high of $27.42. The firm’s 50-day moving average price is $20.51 and its 200 day moving average price is $20.65.
Global X FinTech ETF Profile
The Global X FinTech ETF (FINX) is an exchange-traded fund that is based on the Indxx Global Fintech Thematic index, a market-cap-weighted index of companies in developed markets that derive significant revenues from providing financial technology products and services. FINX was launched on Sep 12, 2016 and is managed by Global X.
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