Moran Wealth Management LLC Buys 37,329 Shares of Global X FinTech ETF $FINX

Moran Wealth Management LLC grew its stake in Global X FinTech ETF (NASDAQ:FINX) by 71.2% during the first quarter, Holdings Channel.com reports. The fund owned 89,744 shares of the company’s stock after purchasing an additional 37,329 shares during the quarter. Moran Wealth Management LLC’s holdings in Global X FinTech ETF were worth $2,073,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. NewEdge Advisors LLC boosted its holdings in shares of Global X FinTech ETF by 51.4% in the first quarter. NewEdge Advisors LLC now owns 1,157 shares of the company’s stock valued at $32,000 after purchasing an additional 393 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in Global X FinTech ETF by 75.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,196 shares of the company’s stock worth $35,000 after purchasing an additional 516 shares in the last quarter. Kestra Advisory Services LLC purchased a new position in Global X FinTech ETF during the 4th quarter worth $50,000. Banque Cantonale Vaudoise purchased a new position in Global X FinTech ETF during the 3rd quarter worth $73,000. Finally, Rockefeller Capital Management L.P. raised its position in Global X FinTech ETF by 15.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 4,327 shares of the company’s stock valued at $127,000 after purchasing an additional 566 shares in the last quarter.

Global X FinTech ETF Price Performance

Shares of NASDAQ FINX opened at $25.57 on Monday. Global X FinTech ETF has a twelve month low of $22.08 and a twelve month high of $35.58. The firm has a market cap of $176.18 million, a PE ratio of 31.36 and a beta of 1.54. The business has a fifty day simple moving average of $25.04 and a two-hundred day simple moving average of $25.80.

Global X FinTech ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Monday, June 29th will be paid a dividend of $0.0429 per share. The ex-dividend date is Monday, June 29th.

Global X FinTech ETF Company 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.