Citadel Advisors LLC Buys Shares of 79,337 Global X FinTech ETF $FINX

Citadel Advisors LLC purchased a new position in shares of Global X FinTech ETF (NASDAQ:FINXFree Report) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 79,337 shares of the company’s stock, valued at approximately $1,959,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in FINX. Bank of America Corp DE boosted its stake in Global X FinTech ETF by 9.8% during the 3rd quarter. Bank of America Corp DE now owns 392,907 shares of the company’s stock valued at $13,170,000 after acquiring an additional 35,231 shares during the last quarter. Scotia Capital Inc. raised its stake in shares of Global X FinTech ETF by 3.0% in the 3rd quarter. Scotia Capital Inc. now owns 156,456 shares of the company’s stock valued at $5,247,000 after purchasing an additional 4,497 shares in the last quarter. UBS Group AG lifted its position in shares of Global X FinTech ETF by 1.5% during 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 last quarter. Ameriprise Financial Inc. grew its stake 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 in the last quarter. Finally, Raymond James Financial Inc. grew its stake in Global X FinTech ETF by 17.8% in the third quarter. Raymond James Financial Inc. now owns 100,401 shares of the company’s stock worth $3,365,000 after purchasing an additional 15,183 shares in the last quarter.

Global X FinTech ETF Stock Down 2.7%

Shares of NASDAQ FINX opened at $26.70 on Wednesday. The stock’s 50 day moving average price is $26.26 and its two-hundred day moving average price is $25.21. Global X FinTech ETF has a 52-week low of $22.08 and a 52-week high of $35.58. The stock has a market capitalization of $174.88 million, a P/E ratio of 31.36 and a beta of 1.53.

Global X FinTech ETF Dividend Announcement

The company also recently declared a semiannual dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, June 29th were issued a $0.0429 dividend. This represents a dividend yield of 34.0%. The ex-dividend date was Monday, June 29th.

Global X FinTech ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Global X FinTech ETF (NASDAQ:FINX)

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