Ameriprise Financial Inc. grew its stake in Global X FinTech ETF (NASDAQ:FINX – Free Report) by 16.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 20,747 shares of the company’s stock after acquiring an additional 2,978 shares during the period. Ameriprise Financial Inc. owned about 0.21% of Global X FinTech ETF worth $648,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also made changes to their positions in FINX. Scotia Capital Inc. purchased a new stake in Global X FinTech ETF during the 4th quarter worth approximately $4,352,000. Raymond James Financial Inc. purchased a new stake in Global X FinTech ETF during the 4th quarter worth approximately $2,111,000. Independent Advisor Alliance purchased a new stake in Global X FinTech ETF during the 4th quarter worth approximately $1,703,000. Stamos Capital Partners L.P. purchased a new stake in Global X FinTech ETF during the 4th quarter worth approximately $1,238,000. Finally, Wells Fargo & Company MN increased its stake in Global X FinTech ETF by 18.5% during the 4th quarter. Wells Fargo & Company MN now owns 192,606 shares of the company’s stock worth $6,013,000 after buying an additional 30,022 shares during the period.
Global X FinTech ETF Stock Up 1.1%
NASDAQ FINX opened at $31.20 on Wednesday. Global X FinTech ETF has a 52 week low of $23.44 and a 52 week high of $34.43. The stock has a market capitalization of $289.85 million, a PE ratio of 26.19 and a beta of 1.35. The firm has a 50 day moving average of $28.38 and a two-hundred day moving average of $30.61.
Global X FinTech ETF Company 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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