Citadel Advisors LLC Acquires Shares of 79,337 Global X FinTech ETF $FINX

Citadel Advisors LLC acquired a new position in shares of Global X FinTech ETF (NASDAQ:FINX) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 79,337 shares of the company’s stock, valued at approximately $1,959,000. Citadel Advisors LLC owned approximately 1.21% of Global X FinTech ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. NewEdge Advisors LLC lifted its position in Global X FinTech ETF by 51.4% during the 1st quarter. NewEdge Advisors LLC now owns 1,157 shares of the company’s stock worth $32,000 after acquiring an additional 393 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of Global X FinTech ETF during the first quarter valued at approximately $259,000. Creative Planning raised its stake in shares of Global X FinTech ETF by 52.2% during the second quarter. Creative Planning now owns 11,662 shares of the company’s stock valued at $399,000 after purchasing an additional 3,999 shares during the period. Sei Investments Co. acquired a new position in shares of Global X FinTech ETF during the second quarter worth $228,000. Finally, Raymond James Financial Inc. lifted its position in shares of Global X FinTech ETF by 12.5% during the second quarter. Raymond James Financial Inc. now owns 85,218 shares of the company’s stock worth $2,916,000 after purchasing an additional 9,485 shares in the last quarter.

Global X FinTech ETF Trading Down 2.7%

Shares of FINX stock opened at $26.70 on Wednesday. The firm has a fifty day simple moving average of $26.26 and a 200-day simple moving average of $25.21. The company has a market capitalization of $174.88 million, a PE ratio of 31.36 and a beta of 1.53. Global X FinTech ETF has a twelve month low of $22.08 and a twelve month high of $35.58.

Global X FinTech ETF Dividend Announcement

The company also recently disclosed a semiannual dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th were given a $0.0429 dividend. This represents a yield of 34.0%. The ex-dividend date of this dividend 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.