Archford Capital Strategies LLC Sells 3,565 Shares of Global X FinTech Thematic ETF (NASDAQ:FINX)

Archford Capital Strategies LLC lessened its stake in Global X FinTech Thematic ETF (NASDAQ:FINX) by 22.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,515 shares of the company’s stock after selling 3,565 shares during the period. Archford Capital Strategies LLC owned approximately 0.12% of Global X FinTech Thematic ETF worth $391,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Sanctuary Advisors LLC bought a new stake in Global X FinTech Thematic ETF during the third quarter valued at approximately $207,000. MML Investors Services LLC grew its position in shares of Global X FinTech Thematic ETF by 15.5% during the 3rd quarter. MML Investors Services LLC now owns 12,263 shares of the company’s stock valued at $344,000 after acquiring an additional 1,648 shares during the period. PVG Asset Management Corp purchased a new stake in shares of Global X FinTech Thematic ETF in the 2nd quarter worth $310,000. Cetera Investment Advisers raised its holdings in Global X FinTech Thematic ETF by 94.8% in the 2nd quarter. Cetera Investment Advisers now owns 48,481 shares of the company’s stock worth $1,220,000 after purchasing an additional 23,596 shares during the period. Finally, Silverleafe Capital Partners LLC purchased a new position in Global X FinTech Thematic ETF during the fourth quarter valued at $1,311,000.

Global X FinTech Thematic ETF Stock Performance

NASDAQ:FINX opened at $32.94 on Monday. The stock has a 50-day simple moving average of $32.64 and a two-hundred day simple moving average of $29.40. The firm has a market capitalization of $331.05 million, a PE ratio of 29.40 and a beta of 1.35. Global X FinTech Thematic ETF has a 52-week low of $23.44 and a 52-week high of $34.43.

Global X FinTech Thematic ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, December 30th were issued a $0.1684 dividend. The ex-dividend date of this dividend was Monday, December 30th.

Global X FinTech Thematic ETF Company Profile

The Global X FinTech ETF (FINX) is an exchange-traded fund that is based on the Indxx Global Fintech Thematic index, a market-cap-weighted index of companies in developed markets that derive significant revenues from providing financial technology products and services. FINX was launched on Sep 12, 2016 and is managed by Global X.