Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ) Hits New 12-Month High – Here’s Why

Global X Robotics & Artificial Intelligence Thematic ETF (NASDAQ:BOTZ)’s share price hit a new 52-week high during trading on Friday . The company traded as high as $33.61 and last traded at $33.57, with a volume of 135201 shares. The stock had previously closed at $33.54.

Global X Robotics & Artificial Intelligence Thematic ETF Price Performance

The firm has a market capitalization of $2.69 billion, a price-to-earnings ratio of 42.68 and a beta of 1.25. The business has a 50 day moving average of $31.45 and a 200 day moving average of $31.04.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets lifted its holdings in shares of Global X Robotics & Artificial Intelligence Thematic ETF by 46.7% in the first quarter. BNP Paribas Financial Markets now owns 64,434 shares of the company’s stock valued at $2,050,000 after purchasing an additional 20,512 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in Global X Robotics & Artificial Intelligence Thematic ETF by 51.3% during the first quarter. Janney Montgomery Scott LLC now owns 21,098 shares of the company’s stock worth $671,000 after acquiring an additional 7,153 shares in the last quarter. Sanibel Captiva Trust Company Inc. raised its stake in Global X Robotics & Artificial Intelligence Thematic ETF by 9.6% in the first quarter. Sanibel Captiva Trust Company Inc. now owns 11,400 shares of the company’s stock valued at $363,000 after buying an additional 1,000 shares during the period. Pathway Financial Advisers LLC bought a new stake in Global X Robotics & Artificial Intelligence Thematic ETF in the first quarter valued at approximately $29,000. Finally, Kingswood Wealth Advisors LLC raised its stake in Global X Robotics & Artificial Intelligence Thematic ETF by 4.9% in the second quarter. Kingswood Wealth Advisors LLC now owns 8,625 shares of the company’s stock valued at $266,000 after buying an additional 400 shares during the period.

About Global X Robotics & Artificial Intelligence Thematic 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.