Raymond James & Associates Has $2.25 Million Holdings in Global X FinTech Thematic ETF (NASDAQ:FINX)

Raymond James & Associates cut its position in Global X FinTech Thematic ETF (NASDAQ:FINX) by 1.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 88,012 shares of the company’s stock after selling 1,299 shares during the period. Raymond James & Associates owned 0.56% of Global X FinTech Thematic ETF worth $2,250,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cox Capital Mgt LLC acquired a new position in Global X FinTech Thematic ETF in the fourth quarter valued at about $1,068,000. Creative Financial Designs Inc. ADV lifted its position in shares of Global X FinTech Thematic ETF by 3.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 16,386 shares of the company’s stock worth $419,000 after purchasing an additional 598 shares in the last quarter. Comerica Bank acquired a new position in shares of Global X FinTech Thematic ETF during the third quarter worth approximately $27,000. Ameriprise Financial Inc. lifted its position in shares of Global X FinTech Thematic ETF by 1.7% during the third quarter. Ameriprise Financial Inc. now owns 55,207 shares of the company’s stock worth $1,112,000 after purchasing an additional 937 shares in the last quarter. Finally, Stelac Advisory Services LLC lifted its position in shares of Global X FinTech Thematic ETF by 31.6% during the third quarter. Stelac Advisory Services LLC now owns 194,223 shares of the company’s stock worth $3,912,000 after purchasing an additional 46,693 shares in the last quarter.

Global X FinTech Thematic ETF Trading Down 0.7 %

Shares of FINX stock opened at $25.21 on Wednesday. Global X FinTech Thematic ETF has a 1 year low of $18.17 and a 1 year high of $27.97. The firm’s 50 day moving average is $26.40 and its 200-day moving average is $23.79. The firm has a market capitalization of $324.20 million, a price-to-earnings ratio of 31.69 and a beta of 1.35.

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.