Fisher Asset Management LLC Trims Position in Global X FinTech ETF (NASDAQ:FINX)

May 11, 2024

51 2 minutes read

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Fisher Asset Management LLC decreased its position in shares of Global X FinTech ETF (NASDAQ:FINX – Free Report) by 33.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 25,456 shares of the company’s stock after selling 13,029 shares during the period. Fisher Asset Management LLC’s holdings in Global X FinTech ETF were worth $651,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of FINX. Simplex Trading LLC purchased a new position in shares of Global X FinTech ETF in the third quarter worth $45,000. Mirador Capital Partners LP purchased a new stake in Global X FinTech ETF in the 4th quarter worth $208,000. Compass Ion Advisors LLC bought a new position in shares of Global X FinTech ETF during the 3rd quarter valued at about $217,000. Phoenix Wealth Advisors purchased a new position in shares of Global X FinTech ETF during the third quarter valued at about $303,000. Finally, Atria Wealth Solutions Inc. increased its holdings in shares of Global X FinTech ETF by 3.9% in the third quarter. Atria Wealth Solutions Inc. now owns 18,789 shares of the company’s stock worth $378,000 after purchasing an additional 698 shares during the last quarter.

Global X FinTech ETF Trading Down 0.8 %

NASDAQ:FINX opened at $25.66 on Friday. The business’s 50-day moving average is $26.37 and its 200 day moving average is $24.44. Global X FinTech ETF has a 12 month low of $18.17 and a 12 month high of $27.97. The company has a market capitalization of $320.75 million, a P/E ratio of 29.40 and a beta of 1.35.

About Global X FinTech ETF

(Free Report)

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.