Tradition Wealth Management LLC Buys Shares of 6,631 Global X FinTech Thematic ETF (NASDAQ:FINX)

Tradition Wealth Management LLC purchased a new position in shares of Global X FinTech Thematic ETF (NASDAQ:FINX) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 6,631 shares of the company’s stock, valued at approximately $207,000. Tradition Wealth Management LLC owned approximately 0.07% of Global X FinTech Thematic ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in FINX. Russell Investments Group Ltd. bought a new position in Global X FinTech Thematic ETF during the fourth quarter worth about $41,000. Legend Financial Advisors Inc. raised its position in shares of Global X FinTech Thematic ETF by 36.1% during the fourth quarter. Legend Financial Advisors Inc. now owns 1,361 shares of the company’s stock worth $42,000 after purchasing an additional 361 shares during the period. National Bank of Canada FI lifted its holdings in shares of Global X FinTech Thematic ETF by 1,875.6% during the 4th quarter. National Bank of Canada FI now owns 1,778 shares of the company’s stock valued at $56,000 after purchasing an additional 1,688 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Global X FinTech Thematic ETF in the 4th quarter valued at approximately $71,000. Finally, US Bancorp DE increased its stake in Global X FinTech Thematic ETF by 16.9% during the 4th quarter. US Bancorp DE now owns 2,473 shares of the company’s stock worth $77,000 after purchasing an additional 358 shares in the last quarter.

Global X FinTech Thematic ETF Stock Performance

Shares of FINX opened at $26.15 on Tuesday. The firm has a market cap of $243.98 million, a P/E ratio of 23.66 and a beta of 1.35. Global X FinTech Thematic ETF has a twelve month low of $23.44 and a twelve month high of $34.43. The firm’s 50 day moving average price is $28.65 and its two-hundred day moving average price is $30.69.

Global X FinTech Thematic ETF 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.