Global X Internet of Things ETF $SNSR Stake Trimmed by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lessened its stake in shares of Global X Internet of Things ETF (NASDAQ:SNSR) by 32.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 245,014 shares of the company’s stock after selling 117,866 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Global X Internet of Things ETF were worth $9,132,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Global X Internet of Things ETF by 61.8% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 72,000 shares of the company’s stock worth $2,661,000 after buying an additional 27,500 shares during the period. Moran Wealth Management LLC increased its position in shares of Global X Internet of Things ETF by 57.8% in the fourth quarter. Moran Wealth Management LLC now owns 46,000 shares of the company’s stock worth $1,700,000 after acquiring an additional 16,850 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in shares of Global X Internet of Things ETF during the fourth quarter valued at approximately $32,000. Parallel Advisors LLC acquired a new stake in shares of Global X Internet of Things ETF during the fourth quarter valued at approximately $29,000. Finally, MWA Asset Management acquired a new stake in shares of Global X Internet of Things ETF during the first quarter valued at approximately $45,000.

Global X Internet of Things ETF Stock Performance

Shares of NASDAQ:SNSR opened at $44.82 on Friday. The firm has a 50 day simple moving average of $49.13 and a 200 day simple moving average of $43.20. Global X Internet of Things ETF has a 52 week low of $34.20 and a 52 week high of $53.80. The company has a market cap of $214.24 million, a PE ratio of 26.18 and a beta of 1.35.

Global X Internet of Things ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were paid a dividend of $0.0798 per share. The ex-dividend date of this dividend was Monday, June 29th.

Global X Internet of Things ETF Profile

The Global X Internet of Things ETF (SNSR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index composed of developed market companies that facilitate the Internet of Things industry. SNSR was launched on Sep 12, 2016 and is managed by Global X.