Marvin & Palmer Associates Inc. Takes Position in Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ)

Marvin & Palmer Associates Inc. acquired a new stake in Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 369,584 shares of the company’s stock, valued at approximately $10,622,000. Global X Robotics & Artificial Intelligence Thematic ETF accounts for 4.8% of Marvin & Palmer Associates Inc.’s holdings, making the stock its 4th biggest holding. Marvin & Palmer Associates Inc. owned 0.42% of Global X Robotics & Artificial Intelligence Thematic ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Baird Financial Group Inc. lifted its stake in Global X Robotics & Artificial Intelligence Thematic ETF by 2.0% during the first quarter. Baird Financial Group Inc. now owns 194,823 shares of the company’s stock worth $5,652,000 after purchasing an additional 3,784 shares during the last quarter. Covestor Ltd lifted its stake in Global X Robotics & Artificial Intelligence Thematic ETF by 149.9% during the first quarter. Covestor Ltd now owns 3,721 shares of the company’s stock worth $108,000 after purchasing an additional 2,232 shares during the last quarter. Laffer Tengler Investments purchased a new stake in Global X Robotics & Artificial Intelligence Thematic ETF during the first quarter worth approximately $181,000. BNP Paribas Arbitrage SA lifted its stake in Global X Robotics & Artificial Intelligence Thematic ETF by 94.7% during the first quarter. BNP Paribas Arbitrage SA now owns 2,136 shares of the company’s stock worth $62,000 after purchasing an additional 1,039 shares during the last quarter. Finally, Captrust Financial Advisors lifted its stake in Global X Robotics & Artificial Intelligence Thematic ETF by 21.8% during the second quarter. Captrust Financial Advisors now owns 5,867 shares of the company’s stock worth $119,000 after purchasing an additional 1,052 shares during the last quarter.

Global X Robotics & Artificial Intelligence Thematic ETF Stock Down 0.1 %

BOTZ traded down $0.02 during trading on Tuesday, hitting $26.21. 726,470 shares of the stock were exchanged, compared to its average volume of 1,049,639. The firm has a market capitalization of $2.19 billion, a P/E ratio of 31.09 and a beta of 1.25. Global X Robotics & Artificial Intelligence Thematic ETF has a 1-year low of $20.02 and a 1-year high of $30.26. The stock has a fifty day moving average price of $24.42 and a two-hundred day moving average price of $26.48.

About Global X Robotics & Artificial Intelligence Thematic 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.