Archford Capital Strategies LLC Lowers Holdings in Global X FinTech Thematic ETF (NASDAQ:FINX)

Archford Capital Strategies LLC lowered its holdings in shares of Global X FinTech Thematic ETF (NASDAQ:FINX) by 22.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 12,515 shares of the company’s stock after selling 3,565 shares during the period. Archford Capital Strategies LLC’s holdings in Global X FinTech Thematic ETF were worth $391,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Cetera Investment Advisers grew its holdings in Global X FinTech Thematic ETF by 94.8% during the 2nd quarter. Cetera Investment Advisers now owns 48,481 shares of the company’s stock valued at $1,220,000 after buying an additional 23,596 shares in the last quarter. PVG Asset Management Corp purchased a new position in Global X FinTech Thematic ETF during the second quarter valued at $310,000. Dynamic Advisor Solutions LLC bought a new stake in Global X FinTech Thematic ETF in the 3rd quarter valued at $905,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in Global X FinTech Thematic ETF by 5,742.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 78,400 shares of the company’s stock worth $2,202,000 after purchasing an additional 77,058 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its holdings in shares of Global X FinTech Thematic ETF by 22.6% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 17,581 shares of the company’s stock valued at $493,000 after purchasing an additional 3,236 shares during the last quarter.

Global X FinTech Thematic ETF Trading Up 0.3 %

Shares of FINX stock opened at $32.94 on Monday. The stock has a market capitalization of $331.05 million, a price-to-earnings ratio of 29.40 and a beta of 1.35. Global X FinTech Thematic ETF has a 12-month low of $23.44 and a 12-month high of $34.43. The stock’s 50-day moving average price is $32.64 and its 200-day moving average price is $29.40.

Global X FinTech Thematic ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, December 30th were paid a $0.1684 dividend. The ex-dividend date was Monday, December 30th.

About Global X FinTech Thematic ETF

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.