Valley Wealth Managers Inc. Has $19.56 Million Stake in Global X Future Analytics Tech ETF (NASDAQ:AIQ)

Valley Wealth Managers Inc. grew its stake in Global X Future Analytics Tech ETF (NASDAQ:AIQ) by 136.7% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 548,975 shares of the technology ETF’s stock after buying an additional 317,031 shares during the quarter. Global X Future Analytics Tech ETF accounts for 1.6% of Valley Wealth Managers Inc.’s holdings, making the stock its 21st biggest position. Valley Wealth Managers Inc.’s holdings in Global X Future Analytics Tech ETF were worth $19,560,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in AIQ. Avantax Advisory Services Inc. boosted its stake in Global X Future Analytics Tech ETF by 16.7% in the 4th quarter. Avantax Advisory Services Inc. now owns 61,616 shares of the technology ETF’s stock worth $1,921,000 after purchasing an additional 8,832 shares during the period. Summit X LLC bought a new stake in shares of Global X Future Analytics Tech ETF in the fourth quarter valued at about $205,000. D.A. Davidson & CO. grew its holdings in shares of Global X Future Analytics Tech ETF by 44.3% during the fourth quarter. D.A. Davidson & CO. now owns 29,848 shares of the technology ETF’s stock worth $931,000 after buying an additional 9,168 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its position in Global X Future Analytics Tech ETF by 16.8% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 62,726 shares of the technology ETF’s stock valued at $1,956,000 after buying an additional 9,007 shares during the last quarter. Finally, FinTrust Capital Advisors LLC bought a new stake in Global X Future Analytics Tech ETF in the 4th quarter valued at approximately $32,000. 27.02% of the stock is currently owned by institutional investors and hedge funds.

Global X Future Analytics Tech ETF Stock Up 1.0 %

NASDAQ:AIQ opened at $35.01 on Friday. The company has a market cap of $2.14 billion, a P/E ratio of -205.94 and a beta of 1.13. Global X Future Analytics Tech ETF has a twelve month low of $25.39 and a twelve month high of $37.18. The business has a 50 day moving average price of $34.82 and a two-hundred day moving average price of $34.26.

Global X Future Analytics Tech ETF Dividend Announcement

The firm also recently announced a Semi-Annual dividend, which was paid on Friday, July 5th. Investors of record on Thursday, June 27th were issued a dividend of $0.0425 per share. The ex-dividend date was Thursday, June 27th. Global X Future Analytics Tech ETF’s payout ratio is -35.29%.

Global X Future Analytics Tech ETF Profile

Global X Artificial Intelligence & Technology ETF