Modern Wealth Management LLC Decreases Stake in Global X Internet of Things ETF $SNSR

Modern Wealth Management LLC lowered its position in shares of Global X Internet of Things ETF (NASDAQ:SNSR) by 23.6% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 553,128 shares of the company’s stock after selling 171,332 shares during the quarter. Modern Wealth Management LLC owned 0.11% of Global X Internet of Things ETF worth $20,806,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Royal Bank of Canada increased its position in shares of Global X Internet of Things ETF by 1.6% during the first quarter. Royal Bank of Canada now owns 25,396 shares of the company’s stock valued at $837,000 after acquiring an additional 406 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Global X Internet of Things ETF by 1.7% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 26,070 shares of the company’s stock worth $973,000 after acquiring an additional 430 shares during the period. Rockefeller Capital Management L.P. boosted its position in Global X Internet of Things ETF by 27.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,997 shares of the company’s stock worth $74,000 after purchasing an additional 436 shares during the last quarter. Cetera Investment Advisers boosted its position in Global X Internet of Things ETF by 4.1% in the first quarter. Cetera Investment Advisers now owns 12,430 shares of the company’s stock worth $463,000 after purchasing an additional 485 shares during the last quarter. Finally, Parallel Advisors LLC purchased a new position in Global X Internet of Things ETF in the fourth quarter worth $29,000.

Global X Internet of Things ETF Price Performance

Shares of NASDAQ:SNSR opened at $45.38 on Friday. Global X Internet of Things ETF has a 1 year low of $34.20 and a 1 year high of $53.80. The company has a market capitalization of $216.92 million, a PE ratio of 26.18 and a beta of 1.35. The business has a fifty day moving average price of $49.17 and a two-hundred day moving average price of $43.19.

Global X Internet of Things ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, June 29th were issued a $0.0798 dividend. The ex-dividend date of this dividend was Monday, June 29th.

About Global X Internet of Things ETF

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.