Global X FinTech ETF (NASDAQ:FINX) shares sold by Cambridge Investment Research Advisors Inc.
Cambridge Investment Research Advisors Inc. reduced 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 approx. 0.19% of Global X FinTech ETF worth $745,000 as of its most recent SEC filing.
Other institutional investors have also changed their holdings in 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 buying 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 purchasing an additional 737 shares during the last quarter. Flow Traders US LLC boosted its position in Global X FinTech ETF by 104.6% during the first quarter. Flow Traders US LLC now owns 24,722 shares of the company’s stock worth $792,000 after purchasing 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. bought a new position in Global X FinTech ETF during the first quarter worth about $213,000.
Global X FinTech ETF trades up 2.4%
FINX opened at $21.19 on Tuesday. The firm has a market cap 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
(Get rating)
The Global X FinTech ETF (FINX) is an exchange-traded fund based on the Indxx Global Fintech Thematic Index, a market capitalization-weighted index of companies in developed markets that derive significant revenue from providing financial technology products and services. FINX was launched on September 12, 2016 and is managed by Global X.
Selected stories
Want to see which other hedge funds have FINX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X FinTech ETF (NASDAQ:FINX – Get Rating).
This instant news alert was generated by narrative science technology and financial data from MarketBeat to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial staff prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider the Global X FinTech ETF, you should hear this.
MarketBeat keeps track of Wall Street’s top-rated and best-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and the Global X FinTech ETF wasn’t on the list.
While Global X FinTech ETF currently has a “hold” rating among analysts, top-rated analysts believe these five stocks are better buys.
See the five stocks here