Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Reaches New 52-Week High – Here’s Why

Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ)’s share price reached a new 52-week high on Thursday . The company traded as high as $38.56 and last traded at $38.53, with a volume of 113645 shares traded. The stock had previously closed at $38.00.

Global X Robotics & Artificial Intelligence ETF Stock Up 1.3%

The company has a market capitalization of $3.40 billion, a PE ratio of 27.41 and a beta of 1.36. The business has a 50 day simple moving average of $36.10 and a 200 day simple moving average of $35.15.

Global X Robotics & Artificial Intelligence ETF Announces Dividend

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

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

A number of large investors have recently made changes to their positions in BOTZ. L.M. Kohn & Company increased its position in shares of Global X Robotics & Artificial Intelligence ETF by 5.4% in the 2nd quarter. L.M. Kohn & Company now owns 11,506 shares of the company’s stock valued at $376,000 after acquiring an additional 589 shares during the period. Rossby Financial LCC grew its stake in Global X Robotics & Artificial Intelligence ETF by 769.5% during the 3rd quarter. Rossby Financial LCC now owns 826 shares of the company’s stock valued at $29,000 after purchasing an additional 731 shares during the last quarter. Root Financial Partners LLC acquired a new position in shares of Global X Robotics & Artificial Intelligence ETF in the third quarter valued at about $27,000. SBI Securities Co. Ltd. raised its stake in shares of Global X Robotics & Artificial Intelligence ETF by 20.8% in the second quarter. SBI Securities Co. Ltd. now owns 5,273 shares of the company’s stock worth $172,000 after purchasing an additional 908 shares during the last quarter. Finally, Parallel Advisors LLC raised its stake in shares of Global X Robotics & Artificial Intelligence ETF by 76.3% in the second quarter. Parallel Advisors LLC now owns 2,107 shares of the company’s stock worth $69,000 after purchasing an additional 912 shares during the last quarter.

About Global X Robotics & Artificial Intelligence ETF

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.