Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Trading Down 0.1% – Time to Sell?

Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) was down 0.1% during mid-day trading on Monday . The stock traded as low as $38.25 and last traded at $38.33. Approximately 947,981 shares traded hands during trading, a decline of 3% from the average session volume of 980,044 shares. The stock had previously closed at $38.37.

Global X Robotics & Artificial Intelligence ETF Stock Performance

The business’s 50-day moving average price is $38.72 and its 200 day moving average price is $37.36. The company has a market cap of $3.46 billion, a P/E ratio of 27.41 and a beta of 1.45.

Institutional Investors Weigh In On Global X Robotics & Artificial Intelligence ETF

Hedge funds have recently bought and sold shares of the company. Ameriprise Financial Inc. increased its position in Global X Robotics & Artificial Intelligence ETF by 5.9% during the third quarter. Ameriprise Financial Inc. now owns 467,201 shares of the company’s stock worth $16,545,000 after buying an additional 26,116 shares during the last quarter. Kingswood Wealth Advisors LLC lifted its position in shares of Global X Robotics & Artificial Intelligence ETF by 2.0% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 172,988 shares of the company’s stock valued at $6,267,000 after buying an additional 3,313 shares during the last quarter. Fiduciary Alliance LLC boosted its stake in shares of Global X Robotics & Artificial Intelligence ETF by 3.1% during the 4th quarter. Fiduciary Alliance LLC now owns 136,861 shares of the company’s stock worth $4,958,000 after acquiring an additional 4,118 shares during the period. Pinnacle Wealth Management Advisory Group LLC increased its holdings in shares of Global X Robotics & Artificial Intelligence ETF by 11.2% during the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 134,781 shares of the company’s stock worth $4,477,000 after acquiring an additional 13,587 shares during the last quarter. Finally, Sterling Investment Advisors Ltd. increased its holdings in shares of Global X Robotics & Artificial Intelligence ETF by 2.0% during the 1st quarter. Sterling Investment Advisors Ltd. now owns 124,465 shares of the company’s stock worth $4,135,000 after acquiring an additional 2,485 shares during the last quarter.

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.