Worth Asset Management LLC has significantly increased its stake in the Global X Robotics & Artificial Intelligence Thematic ETF during the second quarter, according to a recent filing with the Securities & Exchange Commission. The institutional investor now holds 4,700 shares of the ETF, representing a 3,033.3% increase from the previous quarter. The total value of Worth Asset Management LLC’s holdings in the ETF is estimated to be $135,000.
Other institutional investors and hedge funds have also been actively trading shares of the Global X Robotics & Artificial Intelligence Thematic ETF. Baird Financial Group Inc. increased its position by 2.0% during the first quarter, Covestor Ltd by 149.9%, Laffer Tengler Investments acquired a new position in the first quarter, BNP Paribas Arbitrage SA by 94.7% in the first quarter, and Captrust Financial Advisors by 21.8% in the second quarter.
The Global X Robotics & Artificial Intelligence Thematic ETF, with the ticker symbol BOTZ, is an exchange-traded fund that focuses on investing in stocks based on the theme of robotics and artificial intelligence. It provides exposure to companies involved in the development and production of robots and AI technologies. The ETF was launched on September 12, 2016, and is managed by Global X.
In addition to the increase in stake by Worth Asset Management LLC and other institutional investors, the Global X Robotics & Artificial Intelligence Thematic ETF recently announced an increase in its semi-annual dividend. Shareholders of record on June 30th received a dividend of $0.053 per share, which is an improvement from the previous dividend of $0.05 per share.
The Global X Robotics & Artificial Intelligence Thematic ETF has a market capitalization of $2.26 billion and a price-to-earnings ratio of 31.09. Its 50-day moving average is $27.25, and its 200-day moving average is $26.72. The ETF has a 1-year low of $17.33 and a 1-year high of $30.26.
– Securities & Exchange Commission (SEC) filing by Worth Asset Management LLC
– MarketBeat’s financial data and reporting