HB Wealth Management LLC Boosts Stake in Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ)

HB Wealth Management LLC lifted its position in shares of Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) by 24.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,722 shares of the technology ETF’s stock after acquiring an additional 3,309 shares during the quarter. HB Wealth Management LLC’s holdings in Global X Artificial Intelligence & Technology ETF were worth $608,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Bank of America Corp DE raised its position in shares of Global X Artificial Intelligence & Technology ETF by 26.5% during the 4th quarter. Bank of America Corp DE now owns 6,742,972 shares of the technology ETF’s stock worth $260,548,000 after purchasing an additional 1,411,954 shares during the last quarter. Bank of Montreal Can raised its position in shares of Global X Artificial Intelligence & Technology ETF by 1.1% during the 4th quarter. Bank of Montreal Can now owns 1,419,331 shares of the technology ETF’s stock worth $54,843,000 after purchasing an additional 15,257 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Global X Artificial Intelligence & Technology ETF by 14.0% during the 4th quarter. JPMorgan Chase & Co. now owns 1,119,815 shares of the technology ETF’s stock worth $43,270,000 after purchasing an additional 137,850 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Global X Artificial Intelligence & Technology ETF by 1.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 783,043 shares of the technology ETF’s stock worth $28,487,000 after purchasing an additional 13,840 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its position in shares of Global X Artificial Intelligence & Technology ETF by 11.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 606,164 shares of the technology ETF’s stock worth $23,422,000 after purchasing an additional 63,721 shares during the last quarter. 27.02% of the stock is owned by hedge funds and other institutional investors.

Global X Artificial Intelligence & Technology ETF Trading Down 0.6%

AIQ stock opened at $44.57 on Friday. The company has a market cap of $4.12 billion, a price-to-earnings ratio of -262.18 and a beta of 1.13. Global X Artificial Intelligence & Technology ETF has a 12 month low of $30.60 and a 12 month high of $45.29. The firm has a 50-day moving average of $42.81 and a two-hundred day moving average of $39.85.

Global X Artificial Intelligence & Technology ETF Increases Dividend

The company also recently declared a dividend, which was paid on Monday, July 7th. Stockholders of record on Friday, June 27th were issued a dividend of $0.0487 per share. The ex-dividend date was Friday, June 27th. This is an increase from Global X Artificial Intelligence & Technology ETF’s previous dividend of $0.01. Global X Artificial Intelligence & Technology ETF’s payout ratio is -35.29%.

Global X Artificial Intelligence & Technology ETF Profile

Global X Artificial Intelligence & Technology ETF