Mirae Asset Global Investments Co. Ltd. Has $2.65 Million Stock Position in Global X FinTech ETF $FINX

Mirae Asset Global Investments Co. Ltd. increased its position in Global X FinTech ETF (NASDAQ:FINX) by 74.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 90,000 shares of the company’s stock after purchasing an additional 38,500 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned approximately 1.06% of Global X FinTech ETF worth $2,649,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in Global X FinTech ETF by 9.8% in the third quarter. Bank of America Corp DE now owns 392,907 shares of the company’s stock worth $13,170,000 after purchasing an additional 35,231 shares during the period. Scotia Capital Inc. increased its position in Global X FinTech ETF by 3.0% in the third quarter. Scotia Capital Inc. now owns 156,456 shares of the company’s stock worth $5,247,000 after purchasing an additional 4,497 shares during the period. UBS Group AG increased its position in Global X FinTech ETF by 1.5% in the third quarter. UBS Group AG now owns 148,085 shares of the company’s stock worth $4,964,000 after purchasing an additional 2,239 shares during the period. Ameriprise Financial Inc. increased its position in Global X FinTech ETF by 43.4% in the third quarter. Ameriprise Financial Inc. now owns 141,472 shares of the company’s stock worth $4,741,000 after purchasing an additional 42,837 shares during the period. Finally, Blue Sky Capital Consultants Group Inc. increased its position in Global X FinTech ETF by 1.7% in the fourth quarter. Blue Sky Capital Consultants Group Inc. now owns 140,036 shares of the company’s stock worth $4,121,000 after purchasing an additional 2,372 shares during the period.

Global X FinTech ETF Trading Up 2.0%

Shares of FINX opened at $26.60 on Thursday. Global X FinTech ETF has a 1 year low of $22.08 and a 1 year high of $35.58. The stock has a market cap of $201.36 million, a P/E ratio of 31.36 and a beta of 1.58. The stock’s 50-day moving average price is $24.17 and its two-hundred day moving average price is $28.25.

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.