Raymond James Financial Inc. Has $21.86 Million Stake in Global X Artificial Intelligence & Technology ETF $AIQ

Raymond James Financial Inc. boosted its holdings in shares of Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) by 25.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 600,833 shares of the technology ETF’s stock after buying an additional 121,639 shares during the quarter. Raymond James Financial Inc. owned about 0.77% of Global X Artificial Intelligence & Technology ETF worth $21,858,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. ARQ Wealth Advisors LLC increased its position in Global X Artificial Intelligence & Technology ETF by 2.4% during the fourth quarter. ARQ Wealth Advisors LLC now owns 12,475 shares of the technology ETF’s stock worth $482,000 after buying an additional 295 shares during the last quarter. Larson Financial Group LLC increased its position in Global X Artificial Intelligence & Technology ETF by 30.5% during the first quarter. Larson Financial Group LLC now owns 1,266 shares of the technology ETF’s stock worth $46,000 after buying an additional 296 shares during the last quarter. MGB Wealth Management LLC increased its position in Global X Artificial Intelligence & Technology ETF by 7.7% during the first quarter. MGB Wealth Management LLC now owns 4,200 shares of the technology ETF’s stock worth $153,000 after buying an additional 300 shares during the last quarter. Elyxium Wealth LLC increased its position in Global X Artificial Intelligence & Technology ETF by 1.5% during the fourth quarter. Elyxium Wealth LLC now owns 20,474 shares of the technology ETF’s stock worth $791,000 after buying an additional 307 shares during the last quarter. Finally, OneDigital Investment Advisors LLC grew its position in shares of Global X Artificial Intelligence & Technology ETF by 0.6% in the first quarter. OneDigital Investment Advisors LLC now owns 61,198 shares of the technology ETF’s stock valued at $2,226,000 after purchasing an additional 342 shares during the last quarter. 27.02% of the stock is owned by institutional investors and hedge funds.

Global X Artificial Intelligence & Technology ETF Stock Performance

Shares of NASDAQ:AIQ opened at $44.98 on Wednesday. The company has a market cap of $4.37 billion, a P/E ratio of -264.59 and a beta of 1.13. The stock’s 50-day moving average is $44.07 and its 200-day moving average is $40.42. Global X Artificial Intelligence & Technology ETF has a 52-week low of $30.60 and a 52-week high of $45.77.

Global X Artificial Intelligence & Technology ETF Increases Dividend

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

About Global X Artificial Intelligence & Technology ETF

Global X Artificial Intelligence & Technology ETF