Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Trading Up 3.6% – Here’s Why

Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) shares were up 3.6% during mid-day trading on Thursday . The company traded as high as $34.90 and last traded at $34.90. Approximately 874,935 shares changed hands during mid-day trading, a decline of 9% from the average session volume of 957,570 shares. The stock had previously closed at $33.68.

Global X Robotics & Artificial Intelligence ETF Price Performance

The company has a market capitalization of $3.28 billion, a P/E ratio of 27.41 and a beta of 1.46. The firm’s 50-day moving average is $37.13 and its 200-day moving average is $37.19.

Global X Robotics & Artificial Intelligence ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, June 29th were paid a dividend of $0.018 per share. The ex-dividend date was Monday, June 29th.

Institutional Investors Weigh In On Global X Robotics & Artificial Intelligence ETF

A number of hedge funds have recently modified their holdings of the business. AdvisorNet Financial Inc raised its holdings in Global X Robotics & Artificial Intelligence ETF by 10.2% in the 1st quarter. AdvisorNet Financial Inc now owns 3,001 shares of the company’s stock worth $100,000 after purchasing an additional 279 shares during the period. Parallel Advisors LLC grew its holdings in Global X Robotics & Artificial Intelligence ETF by 14.1% during the fourth quarter. Parallel Advisors LLC now owns 2,296 shares of the company’s stock valued at $83,000 after purchasing an additional 284 shares during the period. Advantage Trust Co grew its holdings in Global X Robotics & Artificial Intelligence ETF by 3.0% during the first quarter. Advantage Trust Co now owns 10,376 shares of the company’s stock valued at $345,000 after purchasing an additional 300 shares during the period. Rossby Financial LCC increased its position in Global X Robotics & Artificial Intelligence ETF by 63.3% in the fourth quarter. Rossby Financial LCC now owns 1,349 shares of the company’s stock worth $49,000 after buying an additional 523 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its position in Global X Robotics & Artificial Intelligence ETF by 3.9% in the fourth quarter. Farther Finance Advisors LLC now owns 22,143 shares of the company’s stock worth $802,000 after buying an additional 834 shares in the last quarter.

About Global X Robotics & Artificial Intelligence ETF

The Global X Robotics & Artificial Intelligence ETF (BOTZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides market- cap selected and weighted exposure to companies involved in the development and production of robots or artificial intelligence. BOTZ was launched on Sep 12, 2016 and is managed by Global X.