Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Stock Price Down 0.1% – Here’s Why

Shares of Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) traded down 0.1% during trading on Monday . The company traded as low as $38.25 and last traded at $38.33. Approximately 947,981 shares were traded during trading, a decline of 3% from the average session volume of 980,044 shares. The stock had previously closed at $38.37.

Global X Robotics & Artificial Intelligence ETF Price Performance

The company’s 50-day moving average price is $38.72 and its two-hundred day moving average price is $37.36. The company has a market capitalization of $3.46 billion, a P/E ratio of 27.41 and a beta of 1.45.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Verity Asset Management Inc. bought a new stake in Global X Robotics & Artificial Intelligence ETF in the 4th quarter valued at $594,000. Bearing Point Capital LLC bought a new position in Global X Robotics & Artificial Intelligence ETF during the 4th quarter worth $3,501,000. Pinnacle Wealth Management Advisory Group LLC increased its position in Global X Robotics & Artificial Intelligence ETF by 11.7% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 121,194 shares of the company’s stock worth $4,391,000 after buying an additional 12,664 shares during the period. Advantage Trust Co lifted its holdings in shares of Global X Robotics & Artificial Intelligence ETF by 9.7% during the fourth quarter. Advantage Trust Co now owns 10,076 shares of the company’s stock worth $365,000 after buying an additional 888 shares in the last quarter. Finally, Kingswood Wealth Advisors LLC lifted its holdings in shares of Global X Robotics & Artificial Intelligence ETF by 2.0% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 172,988 shares of the company’s stock worth $6,267,000 after buying an additional 3,313 shares in the last quarter.

About Global X Robotics & Artificial Intelligence 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.