Nations Financial Group Inc. IA ADV Increases Holdings in Global X Artificial Intelligence & Technology ETF $AIQ

Nations Financial Group Inc. IA ADV increased its holdings in shares of Global X Artificial Intelligence & Technology ETF (NASDAQ:AIQ) by 24.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,300 shares of the technology ETF’s stock after purchasing an additional 2,610 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Global X Artificial Intelligence & Technology ETF were worth $484,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AIQ. Alliancebernstein L.P. purchased a new stake in shares of Global X Artificial Intelligence & Technology ETF in the 4th quarter valued at about $285,000. Envestnet Asset Management Inc. lifted its stake in Global X Artificial Intelligence & Technology ETF by 88.6% in the fourth quarter. Envestnet Asset Management Inc. now owns 115,816 shares of the technology ETF’s stock valued at $4,475,000 after buying an additional 54,419 shares during the last quarter. Cerity Partners LLC lifted its stake in Global X Artificial Intelligence & Technology ETF by 41.1% in the fourth quarter. Cerity Partners LLC now owns 15,030 shares of the technology ETF’s stock valued at $581,000 after buying an additional 4,378 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Global X Artificial Intelligence & Technology ETF in the fourth quarter valued at approximately $204,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Global X Artificial Intelligence & Technology ETF during the fourth quarter worth approximately $18,516,000. 27.02% of the stock is owned by institutional investors and hedge funds.

Global X Artificial Intelligence & Technology ETF Price Performance

Shares of Global X Artificial Intelligence & Technology ETF stock opened at $45.22 on Monday. The firm’s fifty day simple moving average is $43.71 and its 200-day simple moving average is $40.23. Global X Artificial Intelligence & Technology ETF has a 12 month low of $30.60 and a 12 month high of $45.77. The stock has a market capitalization of $4.39 billion, a price-to-earnings ratio of -266.00 and a beta of 1.13.

Global X Artificial Intelligence & Technology ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, July 7th. Stockholders of record on Friday, June 27th were issued a $0.0487 dividend. The ex-dividend date of this dividend was Friday, June 27th. This is a positive change from Global X Artificial Intelligence & Technology ETF’s previous dividend of $0.01. Global X Artificial Intelligence & Technology ETF’s dividend payout ratio is currently -35.29%.

Global X Artificial Intelligence & Technology ETF Company Profile

Global X Artificial Intelligence & Technology ETF