Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Reaches New 52-Week High – Still a Buy?

Shares of Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $38.80 and last traded at $38.8810, with a volume of 186302 shares traded. The stock had previously closed at $38.64.

Global X Robotics & Artificial Intelligence ETF Price Performance

The company has a market cap of $3.51 billion, a price-to-earnings ratio of 27.41 and a beta of 1.36. The firm has a 50-day moving average price of $37.41 and a 200 day moving average price of $36.05.

Global X Robotics & Artificial Intelligence ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were given a $0.158 dividend. This represents a dividend yield of 86.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Trading of Global X Robotics & Artificial Intelligence ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Parallel Advisors LLC boosted its holdings in Global X Robotics & Artificial Intelligence ETF by 14.1% in the 4th quarter. Parallel Advisors LLC now owns 2,296 shares of the company’s stock valued at $83,000 after purchasing an additional 284 shares during the period. Rossby Financial LCC boosted its stake in shares of Global X Robotics & Artificial Intelligence ETF by 63.3% in the fourth quarter. Rossby Financial LCC now owns 1,349 shares of the company’s stock valued at $49,000 after buying an additional 523 shares during the period. L.M. Kohn & Company grew its position in Global X Robotics & Artificial Intelligence ETF by 5.4% during the second quarter. L.M. Kohn & Company now owns 11,506 shares of the company’s stock worth $376,000 after buying an additional 589 shares in the last quarter. Root Financial Partners LLC bought a new position in Global X Robotics & Artificial Intelligence ETF during the 3rd quarter worth $27,000. Finally, Farther Finance Advisors LLC raised its holdings in Global X Robotics & Artificial Intelligence ETF by 3.9% in the 4th quarter. Farther Finance Advisors LLC now owns 22,143 shares of the company’s stock valued at $802,000 after acquiring an additional 834 shares in the last quarter.

Global X Robotics & Artificial Intelligence ETF Company Profile

The Global X Robotics & Artificial Intelligence ETF (BOTZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides market- cap selected and weighted exposure to companies involved in the development and production of robots or artificial intelligence. BOTZ was launched on Sep 12, 2016 and is managed by Global X.