Gerber LLC Purchases New Stake in Global X FinTech Thematic ETF (NASDAQ:FINX)

Gerber LLC purchased a new stake in Global X FinTech Thematic ETF (NASDAQ:FINX) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 6,570 shares of the company’s stock, valued at approximately $205,000.

Several other hedge funds have also added to or reduced their stakes in FINX. Legend Financial Advisors Inc. lifted its stake in Global X FinTech Thematic ETF by 36.1% in the fourth quarter. Legend Financial Advisors Inc. now owns 1,361 shares of the company’s stock valued at $42,000 after buying an additional 361 shares during the period. SBI Securities Co. Ltd. acquired a new position in Global X FinTech Thematic ETF in the fourth quarter valued at about $71,000. US Bancorp DE lifted its stake in Global X FinTech Thematic ETF by 16.9% in the fourth quarter. US Bancorp DE now owns 2,473 shares of the company’s stock valued at $77,000 after buying an additional 358 shares during the period. Sanctuary Advisors LLC acquired a new position in Global X FinTech Thematic ETF in the third quarter valued at about $207,000. Finally, Advisors Preferred LLC acquired a new position in Global X FinTech Thematic ETF in the fourth quarter valued at about $228,000.

Global X FinTech Thematic ETF Trading Up 0.9 %

NASDAQ:FINX opened at $28.03 on Thursday. Global X FinTech Thematic ETF has a 1-year low of $23.44 and a 1-year high of $34.43. The business’s 50-day moving average price is $31.67 and its two-hundred day moving average price is $30.70. The firm has a market capitalization of $281.70 million, a price-to-earnings ratio of 33.24 and a beta of 1.35.

Global X FinTech Thematic ETF Announces Dividend

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

About Global X FinTech Thematic ETF

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.