Cetera Investment Advisers Sells 71,457 Shares of Global X FinTech ETF $FINX

Cetera Investment Advisers lowered its stake in Global X FinTech ETF (NASDAQ:FINX) by 83.6% during the first quarter, Holdings Channel reports. The firm owned 14,014 shares of the company’s stock after selling 71,457 shares during the period. Cetera Investment Advisers’ holdings in Global X FinTech ETF were worth $324,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Wealthfront Advisers LLC increased its holdings in Global X FinTech ETF by 11.0% in the 1st quarter. Wealthfront Advisers LLC now owns 17,712 shares of the company’s stock worth $409,000 after purchasing an additional 1,754 shares in the last quarter. Sherman Asset Management Inc. purchased a new position in Global X FinTech ETF in the first quarter worth $27,000. Moran Wealth Management LLC grew its stake in shares of Global X FinTech ETF by 71.2% during the 1st quarter. Moran Wealth Management LLC now owns 89,744 shares of the company’s stock worth $2,073,000 after acquiring an additional 37,329 shares during the period. Rockefeller Capital Management L.P. grew its stake in Global X FinTech ETF by 15.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 4,327 shares of the company’s stock valued at $127,000 after acquiring an additional 566 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in Global X FinTech ETF by 47.0% during the fourth quarter. NewEdge Advisors LLC now owns 2,381 shares of the company’s stock valued at $70,000 after purchasing an additional 761 shares during the last quarter.

Global X FinTech ETF Price Performance

Shares of FINX stock opened at $27.50 on Friday. The business has a 50-day moving average of $25.64 and a 200 day moving average of $24.95. The stock has a market capitalization of $180.12 million, a PE ratio of 31.36 and a beta of 1.53. Global X FinTech ETF has a 1-year low of $22.08 and a 1-year high of $35.58.

Global X FinTech ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were paid a dividend of $0.0429 per share. The ex-dividend date was 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.