Modern Wealth Management LLC Boosts Stock Holdings in Global X Internet of Things ETF $SNSR

Modern Wealth Management LLC raised its position in shares of Global X Internet of Things ETF (NASDAQ:SNSR) by 7.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 685,653 shares of the company’s stock after acquiring an additional 46,945 shares during the quarter. Modern Wealth Management LLC owned approximately 11.82% of Global X Internet of Things ETF worth $25,890,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC increased its position in shares of Global X Internet of Things ETF by 213.5% during the first quarter. Jane Street Group LLC now owns 80,000 shares of the company’s stock worth $2,635,000 after purchasing an additional 54,481 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in Global X Internet of Things ETF during the 2nd quarter worth $1,777,000. Moran Wealth Management LLC boosted its stake in Global X Internet of Things ETF by 90.9% during the 2nd quarter. Moran Wealth Management LLC now owns 15,945 shares of the company’s stock worth $602,000 after purchasing an additional 7,594 shares during the last quarter. Sei Investments Co. purchased a new stake in shares of Global X Internet of Things ETF during the second quarter worth $243,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Global X Internet of Things ETF in the second quarter valued at about $239,000.

Global X Internet of Things ETF Trading Down 2.6%

NASDAQ:SNSR opened at $37.95 on Friday. The company has a market cap of $208.35 million, a P/E ratio of 26.18 and a beta of 1.26. Global X Internet of Things ETF has a twelve month low of $26.78 and a twelve month high of $40.32. The company’s 50-day moving average price is $37.79 and its 200-day moving average price is $37.76.

Global X Internet of Things ETF Company Profile

The Global X Internet of Things ETF (SNSR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index composed of developed market companies that facilitate the Internet of Things industry. SNSR was launched on Sep 12, 2016 and is managed by Global X.