Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) Trading Down 0% – Here’s Why

Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ) dropped 0% on Friday . The stock traded as low as $34.93 and last traded at $35.11. Approximately 427,455 shares traded hands during trading, a decline of 52% from the average session volume of 897,505 shares. The stock had previously closed at $35.12.

Global X Robotics & Artificial Intelligence ETF Price Performance

The firm has a market capitalization of $3.27 billion, a PE ratio of 27.41 and a beta of 1.46. The business has a 50-day simple moving average of $35.71 and a 200-day simple moving average of $36.70.

Global X Robotics & Artificial Intelligence ETF Announces Dividend

The business also recently announced a semiannual dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, June 29th were given a dividend of $0.018 per share. The ex-dividend date of this dividend was Monday, June 29th. This represents a dividend yield of 10.0%.

Institutional Trading of Global X Robotics & Artificial Intelligence ETF

Institutional investors have recently bought and sold shares of the stock. Janney Montgomery Scott LLC lifted its holdings in shares of Global X Robotics & Artificial Intelligence ETF by 39.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 67,064 shares of the company’s stock worth $2,228,000 after acquiring an additional 18,891 shares during the last quarter. Bearing Point Capital LLC bought a new position in Global X Robotics & Artificial Intelligence ETF during the 4th quarter valued at about $3,501,000. Sterling Investment Advisors Ltd. grew its holdings in 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 valued at $4,135,000 after purchasing an additional 2,485 shares during the last quarter. Ascentis Independent Advisors raised its position in Global X Robotics & Artificial Intelligence ETF by 19.9% in the 1st quarter. Ascentis Independent Advisors now owns 22,227 shares of the company’s stock worth $738,000 after purchasing an additional 3,696 shares during the period. Finally, Pinnacle Wealth Management Advisory Group LLC raised its position in Global X Robotics & Artificial Intelligence ETF by 11.2% in the 1st 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 period.

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.