Mirae Asset Global Investments Co. Ltd. trimmed its holdings in Global X FinTech ETF (NASDAQ:FINX – Free Report) by 19.0% in the 1st quarter, HoldingsChannel reports. The fund owned 68,000 shares of the company’s stock after selling 16,000 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Global X FinTech ETF were worth $1,883,000 at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its position in shares of Global X FinTech ETF by 128.9% during the fourth quarter. Bank of America Corp DE now owns 370,089 shares of the company’s stock worth $11,554,000 after buying an additional 208,382 shares during the period. Scotia Capital Inc. purchased a new position in shares of Global X FinTech ETF during the fourth quarter worth $4,352,000. Blue Sky Capital Consultants Group Inc. purchased a new position in shares of Global X FinTech ETF during the fourth quarter worth $4,015,000. Raymond James Financial Inc. purchased a new position in shares of Global X FinTech ETF during the fourth quarter worth $2,111,000. Finally, Independent Advisor Alliance purchased a new position in shares of Global X FinTech ETF during the fourth quarter worth $1,703,000.
Global X FinTech ETF Stock Up 0.7%
FINX opened at $34.53 on Friday. Global X FinTech ETF has a 52 week low of $23.44 and a 52 week high of $35.44. The business has a fifty day simple moving average of $31.06 and a 200-day simple moving average of $30.50. The firm has a market cap of $320.74 million, a P/E ratio of 31.36 and a beta of 1.35.
Global X FinTech ETF 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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Want to see what other hedge funds are holding FINX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Global X FinTech ETF (NASDAQ:FINX – Free Report).
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