Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Reaches New 12-Month High – Here’s Why

Shares of Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) reached a new 52-week high during trading on Thursday . The company traded as high as $39.78 and last traded at $39.66, with a volume of 773594 shares trading hands. The stock had previously closed at $39.01.

Global X Robotics & Artificial Intelligence ETF Stock Down 1.2%

The stock has a market capitalization of $3.51 billion, a price-to-earnings ratio of 27.41 and a beta of 1.36. The business’s 50 day simple moving average is $37.76 and its 200-day simple moving average is $36.23.

Global X Robotics & Artificial Intelligence ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were given a dividend of $0.158 per share. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 86.0%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in BOTZ. Virtue Capital Management LLC acquired a new stake in shares of Global X Robotics & Artificial Intelligence ETF in the 4th quarter valued at $141,000. Arkadios Wealth Advisors boosted its stake in Global X Robotics & Artificial Intelligence ETF by 35.2% in the fourth quarter. Arkadios Wealth Advisors now owns 27,566 shares of the company’s stock valued at $999,000 after buying an additional 7,170 shares in the last quarter. Rossby Financial LCC grew its position in Global X Robotics & Artificial Intelligence ETF by 63.3% in the fourth quarter. Rossby Financial LCC now owns 1,349 shares of the company’s stock valued at $49,000 after acquiring an additional 523 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in Global X Robotics & Artificial Intelligence ETF by 18.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 48,173 shares of the company’s stock worth $1,745,000 after acquiring an additional 7,483 shares in the last quarter. Finally, Fortune Financial Group Inc. acquired a new position in Global X Robotics & Artificial Intelligence ETF during the fourth quarter worth about $307,000.

Global X Robotics & Artificial Intelligence ETF Company Profile

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.