Mutual Advisors LLC Boosts Holdings in Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ)

Mutual Advisors LLC raised its stake in Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) by 12.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,130 shares of the technology ETF’s stock after buying an additional 900 shares during the period. Mutual Advisors LLC’s holdings in Global X Artificial Intelligence & Technology ETF were worth $299,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Bank of America Corp DE grew its holdings in Global X Artificial Intelligence & Technology ETF by 26.5% in 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 acquiring an additional 1,411,954 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Global X Artificial Intelligence & Technology ETF in the 4th quarter worth about $18,516,000. LPL Financial LLC lifted its position in shares of Global X Artificial Intelligence & Technology ETF by 12.6% in the 4th quarter. LPL Financial LLC now owns 2,161,315 shares of the technology ETF’s stock worth $83,513,000 after purchasing an additional 241,039 shares during the period. Aptus Capital Advisors LLC lifted its position in shares of Global X Artificial Intelligence & Technology ETF by 468.5% in the 4th quarter. Aptus Capital Advisors LLC now owns 193,799 shares of the technology ETF’s stock worth $7,490,000 after purchasing an additional 159,709 shares during the period. Finally, Tidal Investments LLC purchased a new position in Global X Artificial Intelligence & Technology ETF during the 4th quarter valued at about $6,144,000. Institutional investors own 27.02% of the company’s stock.

Global X Artificial Intelligence & Technology ETF Price Performance

Shares of NASDAQ AIQ opened at $43.68 on Wednesday. Global X Artificial Intelligence & Technology ETF has a 1 year low of $30.60 and a 1 year high of $44.50. The stock has a market cap of $3.77 billion, a P/E ratio of -256.94 and a beta of 1.13. The firm has a 50-day moving average of $41.12 and a 200 day moving average of $39.24.

Global X Artificial Intelligence & Technology ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, July 7th. Shareholders of record on Friday, June 27th were paid a dividend of $0.0487 per share. This is a positive change 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 currently -35.29%.

About Global X Artificial Intelligence & Technology ETF

Global X Artificial Intelligence & Technology ETF