Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Shares Climb 0.4% – Should You Buy?

Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) shares rose 0.4% during trading on Monday. The company traded as high as $33.37 and last traded at $33.14. Approximately 793,784 shares were traded during mid-day trading, a decline of 8% from the average session volume of 865,224 shares. The stock had previously closed at $33.02.

Global X Robotics & Artificial Intelligence ETF Stock Up 0.4%

The company has a market capitalization of $3.12 billion, a P/E ratio of 27.41 and a beta of 1.50. The company has a 50-day moving average of $35.24 and a two-hundred day moving average of $36.71.

Hedge Funds Weigh In On Global X Robotics & Artificial Intelligence ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. CX Institutional grew its position in shares of Global X Robotics & Artificial Intelligence ETF by 25.7% in the 3rd quarter. CX Institutional now owns 159,800 shares of the company’s stock worth $5,630,000 after buying an additional 32,680 shares during the period. Janney Montgomery Scott LLC increased its stake in shares of Global X Robotics & Artificial Intelligence ETF by 39.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 67,064 shares of the company’s stock worth $2,228,000 after acquiring an additional 18,891 shares in the last quarter. Sterling Investment Advisors Ltd. increased its stake in shares of Global X Robotics & Artificial Intelligence ETF by 2.0% in the 1st quarter. Sterling Investment Advisors Ltd. now owns 124,465 shares of the company’s stock worth $4,135,000 after acquiring an additional 2,485 shares in the last quarter. Advantage Trust Co increased its stake in shares of Global X Robotics & Artificial Intelligence ETF by 3.0% in the 1st quarter. Advantage Trust Co now owns 10,376 shares of the company’s stock worth $345,000 after acquiring an additional 300 shares in the last quarter. Finally, Glenmede Trust Co. NA lifted its position in Global X Robotics & Artificial Intelligence ETF by 18.1% during the 1st quarter. Glenmede Trust Co. NA now owns 5,434 shares of the company’s stock valued at $181,000 after acquiring an additional 834 shares during the period.

About Global X Robotics & Artificial Intelligence ETF

The Global X Robotics & Artificial Intelligence ETF (BOTZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund provides market- cap selected and weighted exposure to companies involved in the development and production of robots or artificial intelligence. BOTZ was launched on Sep 12, 2016 and is managed by Global X.