Moran Wealth Management LLC Buys 37,329 Shares of Global X FinTech ETF $FINX

Moran Wealth Management LLC boosted its position in shares of Global X FinTech ETF (NASDAQ:FINX) by 71.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 89,744 shares of the company’s stock after buying an additional 37,329 shares during the quarter. Moran Wealth Management LLC owned 1.19% of Global X FinTech ETF worth $2,073,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. NewEdge Advisors LLC raised its stake in shares of Global X FinTech ETF by 51.4% in the first quarter. NewEdge Advisors LLC now owns 1,157 shares of the company’s stock valued at $32,000 after acquiring an additional 393 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Global X FinTech ETF by 75.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,196 shares of the company’s stock valued at $35,000 after purchasing an additional 516 shares during the last quarter. Kestra Advisory Services LLC bought a new position in Global X FinTech ETF during the 4th quarter valued at about $50,000. Banque Cantonale Vaudoise purchased a new stake in Global X FinTech ETF in the 3rd quarter worth about $73,000. Finally, Rockefeller Capital Management L.P. raised its position in Global X FinTech ETF by 15.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 4,327 shares of the company’s stock worth $127,000 after purchasing an additional 566 shares during the period.

Global X FinTech ETF Price Performance

Shares of NASDAQ:FINX opened at $25.57 on Monday. Global X FinTech ETF has a 1 year low of $22.08 and a 1 year high of $35.58. The business has a 50 day simple moving average of $25.04 and a two-hundred day simple moving average of $25.80. The firm has a market capitalization of $176.18 million, a PE ratio of 31.36 and a beta of 1.54.

Global X FinTech ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Monday, June 29th will be given a $0.0429 dividend. The ex-dividend date of this dividend is Monday, June 29th.

About Global X FinTech 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.