Pinnacle Wealth Management Advisory Group LLC Acquires New Stake in Xtrackers Artificial Intelligence and Big Data ETF $XAIX

Pinnacle Wealth Management Advisory Group LLC bought a new position in Xtrackers Artificial Intelligence and Big Data ETF (NASDAQ:XAIX) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 20,625 shares of the company’s stock, valued at approximately $856,000. Pinnacle Wealth Management Advisory Group LLC owned approximately 1.01% of Xtrackers Artificial Intelligence and Big Data ETF at the end of the most recent quarter.

Separately, Wedgewood Investors Inc. PA bought a new position in Xtrackers Artificial Intelligence and Big Data ETF in the 2nd quarter valued at approximately $261,000.

Xtrackers Artificial Intelligence and Big Data ETF Price Performance

Shares of NASDAQ:XAIX opened at $42.90 on Friday. The company has a market cap of $87.52 million, a P/E ratio of 24.06 and a beta of 1.34. Xtrackers Artificial Intelligence and Big Data ETF has a 1 year low of $26.95 and a 1 year high of $44.82. The stock’s fifty day moving average price is $42.68 and its 200-day moving average price is $40.61.

Xtrackers Artificial Intelligence and Big Data ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, December 29th. Investors of record on Friday, December 19th were given a dividend of $0.1225 per share. The ex-dividend date was Friday, December 19th.

About Xtrackers Artificial Intelligence and Big Data ETF

The Xtrackers Artificial Intelligence and Big Data ETF (XAIX) is an exchange-traded fund that is based on the Nasdaq Global AI and Big Data index. The fund tracks a market cap-weighted index of companies with exposure to the broad theme of artificial intelligence and big data. The funds selection process considers its tie to specific sub-themes and various factors. XAIX was launched on Aug 2, 2024 and is issued by Xtrackers.