Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Sets New 1-Year High – Here’s Why

Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $39.78 and last traded at $39.66, with a volume of 773594 shares changing hands. The stock had previously closed at $39.01.

Global X Robotics & Artificial Intelligence ETF Trading Up 1.7%

The firm’s 50-day simple moving average is $37.62 and its 200 day simple moving average is $36.17. The stock has a market cap of $3.57 billion, a P/E ratio of 27.41 and a beta of 1.36.

Global X Robotics & Artificial Intelligence ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were issued a $0.158 dividend. This represents a yield of 86.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Trading of Global X Robotics & Artificial Intelligence ETF

Several hedge funds have recently added to or reduced their stakes in BOTZ. Root Financial Partners LLC acquired a new position in Global X Robotics & Artificial Intelligence ETF during the 3rd quarter worth $27,000. Rossby Financial LCC raised its stake in shares of Global X Robotics & Artificial Intelligence ETF by 769.5% during the third quarter. Rossby Financial LCC now owns 826 shares of the company’s stock valued at $29,000 after purchasing an additional 731 shares in the last quarter. Modus Advisors LLC acquired a new stake in Global X Robotics & Artificial Intelligence ETF in the fourth quarter worth about $31,000. Saranac Partners Ltd bought a new position in Global X Robotics & Artificial Intelligence ETF in the 3rd quarter valued at about $32,000. Finally, First Command Advisory Services Inc. bought a new position in Global X Robotics & Artificial Intelligence ETF in the 4th quarter valued at about $35,000.

Global X Robotics & Artificial Intelligence ETF Company Profile

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.