Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Trading 3.6% Higher – Should You Buy?

Shares of Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) were up 3.6% during trading on Thursday . The company traded as high as $34.90 and last traded at $34.90. Approximately 874,935 shares traded hands during trading, a decline of 9% from the average session volume of 957,570 shares. The stock had previously closed at $33.68.

Global X Robotics & Artificial Intelligence ETF Trading Up 3.6%

The company has a market capitalization of $3.25 billion, a PE ratio of 27.41 and a beta of 1.46. The stock’s 50-day moving average is $37.23 and its two-hundred day moving average is $37.20.

Global X Robotics & Artificial Intelligence ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, June 29th were paid a dividend of $0.018 per share. The ex-dividend date of this dividend was Monday, June 29th.

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

Institutional investors and hedge funds have recently modified their holdings of the business. Ameriprise Financial Inc. grew its position in Global X Robotics & Artificial Intelligence ETF by 5.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 467,201 shares of the company’s stock valued at $16,545,000 after acquiring an additional 26,116 shares during the last quarter. Kingswood Wealth Advisors LLC boosted its stake in shares of Global X Robotics & Artificial Intelligence ETF by 2.0% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 172,988 shares of the company’s stock valued at $6,267,000 after purchasing an additional 3,313 shares during the period. Fiduciary Alliance LLC boosted its stake in shares of Global X Robotics & Artificial Intelligence ETF by 3.1% during the fourth quarter. Fiduciary Alliance LLC now owns 136,861 shares of the company’s stock valued at $4,958,000 after purchasing an additional 4,118 shares during the period. Pinnacle Wealth Management Advisory Group LLC grew its holdings in shares of Global X Robotics & Artificial Intelligence ETF by 11.2% in the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 134,781 shares of the company’s stock worth $4,477,000 after purchasing an additional 13,587 shares during the last quarter. Finally, CX Institutional grew its holdings in shares of Global X Robotics & Artificial Intelligence ETF by 3.5% in the second quarter. CX Institutional now owns 127,120 shares of the company’s stock worth $4,823,000 after purchasing an additional 4,286 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.